Derwent London Plc (LON:DLN - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 1,823 ($22.31) and last traded at GBX 1,831 ($22.41), with a volume of 212421 shares. The stock had previously closed at GBX 1,850 ($22.64).
Analysts Set New Price Targets
Separately, Shore Capital upgraded Derwent London to a "buy" rating in a research report on Wednesday, December 4th.
Get Our Latest Analysis on DLN
Derwent London Trading Up 1.0 %
The stock has a market capitalization of £2.08 billion, a P/E ratio of -576.32, a price-to-earnings-growth ratio of 23.10 and a beta of 1.03. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of 40.68. The company has a 50-day moving average price of GBX 2,033.88 and a 200 day moving average price of GBX 2,218.29.
About Derwent London
(
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Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
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