Shares of Derwent London Plc (LON:DLN - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1,870 ($23.11) and last traded at GBX 1,889 ($23.35), with a volume of 147393 shares. The stock had previously closed at GBX 1,919 ($23.72).
Wall Street Analyst Weigh In
Separately, Shore Capital raised shares of Derwent London to a "buy" rating in a research note on Wednesday, December 4th.
Read Our Latest Stock Report on DLN
Derwent London Stock Performance
The company has a debt-to-equity ratio of 40.68, a current ratio of 0.51 and a quick ratio of 0.38. The stock has a market cap of £2.10 billion, a PE ratio of -583.03, a price-to-earnings-growth ratio of 23.10 and a beta of 1.03. The business has a 50 day moving average price of GBX 2,062.33 and a two-hundred day moving average price of GBX 2,230.68.
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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