LSL Property Services (LON:LSL) Shares Cross Below 50 Day Moving Average of $220.15

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LSL Property Services plc (LON:LSL) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $220.15 and traded as low as $202.00. LSL Property Services shares last traded at $209.00, with a volume of 40,398 shares.

A number of brokerages have recently weighed in on LSL. Berenberg Bank increased their target price on Paddy Power Betfair and gave the stock a “hold” rating in a research note on Friday, April 5th. Peel Hunt upgraded St. James’s Place to a “buy” rating in a research note on Tuesday, April 30th. Finally, Jefferies Financial Group upgraded SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a research note on Tuesday, June 25th.

The business has a 50 day simple moving average of GBX 219.69. The company has a debt-to-equity ratio of 36.20, a quick ratio of 0.33 and a current ratio of 0.49. The company has a market cap of $216.65 million and a PE ratio of 12.02.

About LSL Property Services (LON:LSL)

LSL Property Services plc provides residential property services for lenders, buyers and sellers of residential properties, tenants, and landlords in the United Kingdom. It operates in two segments, Estate Agency and Related Services, and Surveying and Valuation Services. The Estate Agency and Related Services segment is involved in the sale and letting of residential properties; operation of a network of high street branches; provision of repossession asset management services; and arrangement of mortgages for various lenders, as well as offers pure protection and general insurance policies for a panel of insurance companies through the estate agency branches.

See Also: What is the Quick Ratio?

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