Shaftesbury (LON:SHB) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shaftesbury PLC (LON:SHBGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 421.60 ($5.43) and traded as high as GBX 421.80 ($5.43). Shaftesbury shares last traded at GBX 421.60 ($5.43), with a volume of 3,062,759 shares changing hands.

Shaftesbury Trading Up 1.3 %

The company has a debt-to-equity ratio of 38.78, a quick ratio of 4.00 and a current ratio of 4.12. The firm has a 50-day moving average of GBX 421.60 and a 200-day moving average of GBX 421.60. The firm has a market capitalization of £1.62 billion, a P/E ratio of 1,277.58, a price-to-earnings-growth ratio of 3.52 and a beta of 0.82.

Shaftesbury Company Profile

(Get Free Report)

Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in East and West Covent Garden, Soho and Fitzrovia.

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