British Land (LON:BLND) Reaches New 52-Week Low – Here’s What Happened

British Land Company PLC (LON:BLNDGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 335.80 ($4.33) and last traded at GBX 336.40 ($4.34), with a volume of 12476814 shares changing hands. The stock had previously closed at GBX 359.60 ($4.64).

British Land Trading Down 5.8 %

The company has a debt-to-equity ratio of 44.14, a quick ratio of 0.25 and a current ratio of 0.59. The stock has a 50-day moving average price of GBX 364.22 and a 200-day moving average price of GBX 382.43. The stock has a market cap of £3.37 billion, a P/E ratio of 3.68, a P/E/G ratio of 6.76 and a beta of 1.55.

About British Land

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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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