British Land (LON:BLND) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

British Land Company PLC (LON:BLNDGet Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 370.49 ($4.95) and traded as high as GBX 412 ($5.50). British Land shares last traded at GBX 410 ($5.48), with a volume of 1,455,815 shares trading hands.

British Land Price Performance

The firm has a 50 day simple moving average of GBX 375.46 and a 200-day simple moving average of GBX 370.49. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 44.14. The company has a market cap of £4.11 billion, a PE ratio of 4.48, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55.

British Land Company Profile

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Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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