Great Portland Estates (LON:GPE) Reaches New 12-Month Low – Here’s What Happened

Great Portland Estates Plc (LON:GPE)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 307.50 ($3.99) and last traded at GBX 308 ($3.99), with a volume of 345094 shares trading hands. The stock had previously closed at GBX 310 ($4.02).

Great Portland Estates Trading Down 1.3 %

The firm has a market cap of £1.24 billion, a price-to-earnings ratio of -306.93, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The business’s 50-day moving average price is GBX 343.88 and its two-hundred day moving average price is GBX 356.39.

Insider Activity at Great Portland Estates

In other news, insider Dan Nicholson bought 3,040 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of GBX 360 ($4.67) per share, with a total value of £10,944 ($14,192.71). In other Great Portland Estates news, insider Dan Nicholson acquired 3,040 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was bought at an average cost of GBX 360 ($4.67) per share, for a total transaction of £10,944 ($14,192.71). Also, insider Nick Sanderson sold 7,288 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of GBX 348 ($4.51), for a total value of £25,362.24 ($32,890.99). Over the last three months, insiders purchased 3,174 shares of company stock worth $1,277,021. 1.43% of the stock is owned by company insiders.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.