Shaftesbury (LON:SHB) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shaftesbury PLC (LON:SHB)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 421.60 ($5.31) and traded as high as GBX 421.80 ($5.32). Shaftesbury shares last traded at GBX 421.60 ($5.31), with a volume of 3,062,759 shares.

Shaftesbury Price Performance

The company has a debt-to-equity ratio of 38.78, a current ratio of 4.12 and a quick ratio of 4.00. The stock has a market capitalization of £1.62 billion, a P/E ratio of 1,277.58, a PEG ratio of 3.52 and a beta of 0.82. The company’s 50 day simple moving average is GBX 421.60 and its two-hundred day simple moving average is GBX 421.60.

About Shaftesbury

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.