Londonmetric Property PLC (LON:LMP) insider Martin McGann sold 21,723 shares of the business’s stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of GBX 209 ($2.73), for a total value of £45,401.07 ($59,324.54).
Shares of LON:LMP traded up GBX 1.20 ($0.02) during midday trading on Friday, reaching GBX 212.20 ($2.77). 1,345,098 shares of the company’s stock traded hands, compared to its average volume of 1,270,000. The company has a market capitalization of $1.77 billion and a P/E ratio of 12.41. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 46.06. Londonmetric Property PLC has a one year low of GBX 171.50 ($2.24) and a one year high of GBX 216.40 ($2.83). The stock’s 50 day moving average price is GBX 206.83.
The company also recently announced a dividend, which was paid on Thursday, July 11th. Shareholders of record on Thursday, June 6th were issued a GBX 2.50 ($0.03) dividend. This is an increase from Londonmetric Property’s previous dividend of $1.90. The ex-dividend date of this dividend was Thursday, June 6th. This represents a yield of 1.24%. Londonmetric Property’s dividend payout ratio is currently 0.58%.
Londonmetric Property Company Profile
LondonMetric is a FTSE 250 REIT (ticker: LMP) that specialises in distribution, convenience and long income property. It focuses on strong and growing income and enhancing capital values. LondonMetric has 13 million sq ft under management.
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