Land Securities Group (LON:LAND) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Land Securities Group Plc (LON:LAND)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 573.97 ($7.67) and traded as high as GBX 603.50 ($8.06). Land Securities Group shares last traded at GBX 603.50 ($8.06), with a volume of 1,494,739 shares traded.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 557 ($7.44) price target on shares of Land Securities Group in a report on Monday, March 3rd.

Land Securities Group Stock Up 0.8%

The firm’s 50 day moving average price is GBX 566.42 and its two-hundred day moving average price is GBX 573.97. The company has a market cap of £4.51 billion, a P/E ratio of -14.11, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42.

Land Securities Group (LON:LAND) last released its quarterly earnings data on Friday, May 16th. The company reported GBX 50.30 ($0.67) earnings per share for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. Equities research analysts anticipate that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Land Securities Group Company Profile

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.