LondonMetric Property (LON:LMP) Stock Crosses Below 200 Day Moving Average - Here's Why

LondonMetric Property Plc (LON:LMP - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 193.29 ($2.43) and traded as low as GBX 186.50 ($2.35). LondonMetric Property shares last traded at GBX 188.40 ($2.37), with a volume of 2,741,470 shares.

LondonMetric Property Price Performance

The company has a debt-to-equity ratio of 53.84, a quick ratio of 0.81 and a current ratio of 0.68. The company has a fifty day moving average price of GBX 181.69 and a two-hundred day moving average price of GBX 193.14. The company has a market cap of £3.91 billion, a P/E ratio of 19.79, a PEG ratio of 3.27 and a beta of 0.90.

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

LondonMetric Property Announces Dividend

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