LondonMetric Property (LON:LMP) Stock Passes Below 200-Day Moving Average - Here's What Happened

Shares of LondonMetric Property Plc (LON:LMP - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 193.05 ($2.44) and traded as low as GBX 190 ($2.40). LondonMetric Property shares last traded at GBX 191.40 ($2.42), with a volume of 2,869,760 shares traded.

LondonMetric Property Stock Performance

The stock has a 50-day moving average of GBX 182.34 and a 200 day moving average of GBX 192.79. The company has a debt-to-equity ratio of 53.84, a current ratio of 0.68 and a quick ratio of 0.81. The stock has a market capitalization of £3.88 billion, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90.

LondonMetric Property (LON:LMP - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported GBX 6.60 ($0.08) EPS for the quarter. LondonMetric Property had a return on equity of 3.87% and a net margin of 66.69%. On average, analysts expect that LondonMetric Property Plc will post 13.7260274 EPS for the current year.

LondonMetric Property Announces Dividend

The business also recently announced a dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 5th were given a dividend of GBX 2.85 ($0.04) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 1.5%. LondonMetric Property's payout ratio is currently 113.25%.

LondonMetric Property Company Profile

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.