LondonMetric Property (LON:LMP) Share Price Passes Below 200-Day Moving Average – What’s Next?

LondonMetric Property Plc (LON:LMPGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 194.48 ($2.43) and traded as low as GBX 180.20 ($2.25). LondonMetric Property shares last traded at GBX 182.30 ($2.28), with a volume of 4,776,225 shares changing hands.

LondonMetric Property Stock Performance

The company has a market cap of £3.70 billion, a P/E ratio of 1,648.07, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90. The company’s fifty day moving average is GBX 182.74 and its 200 day moving average is GBX 194.40. The company has a current ratio of 0.68, a quick ratio of 0.81 and a debt-to-equity ratio of 59.04.

LondonMetric Property (LON:LMPGet Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The company reported GBX 6.60 ($0.08) earnings per share (EPS) for the quarter. LondonMetric Property had a net margin of 66.68% and a return on equity of 4.02%. As a group, equities analysts predict that LondonMetric Property Plc will post 13.7260274 earnings per share for the current fiscal year.

LondonMetric Property Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 5th were given a GBX 2.85 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 1.5%. LondonMetric Property’s payout ratio is currently 10,000.00%.

About LondonMetric Property

(Get Free Report)

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.

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