Great Portland Estates (LON:GPE) Reaches New 12-Month Low - Here's Why

Great Portland Estates Plc (LON:GPE - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 288 ($3.64) and last traded at GBX 289.68 ($3.67), with a volume of 202709 shares traded. The stock had previously closed at GBX 295.50 ($3.74).

Great Portland Estates Trading Down 1.5 %

The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. The company has a market cap of £1.18 billion, a P/E ratio of -286.63, a P/E/G ratio of 2.22 and a beta of 0.80. The business has a fifty day simple moving average of GBX 333.80 and a 200 day simple moving average of GBX 349.11.

Great Portland Estates Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 2.90 ($0.04) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, November 21st. Great Portland Estates's dividend payout ratio (DPR) is -1,188.12%.

Insider Buying and Selling

In other Great Portland Estates news, insider Nick Sanderson sold 7,288 shares of Great Portland Estates stock in a transaction on Monday, September 9th. The shares were sold at an average price of GBX 348 ($4.40), for a total transaction of £25,362.24 ($32,091.91). Also, insider Richard Stephen Mully acquired 14,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was purchased at an average price of GBX 293 ($3.71) per share, with a total value of £41,020 ($51,904.34). Insiders have purchased 17,174 shares of company stock worth $5,379,021 in the last three months. 1.43% of the stock is currently owned by insiders.

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.