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British Land (LON:BLND) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

British Land logo with Real Estate background

British Land Company PLC (LON:BLND - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 374.51 ($5.02) and traded as high as GBX 388.80 ($5.21). British Land shares last traded at GBX 383.40 ($5.14), with a volume of 2,140,906 shares traded.

British Land Price Performance

The stock's 50-day moving average is GBX 363.25 and its 200 day moving average is GBX 373.08. The company has a market cap of £3.88 billion, a PE ratio of 4.23, a PEG ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25.

About British Land

(Get Free Report)

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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