Derwent London (LON:DLN) Stock Passes Above 200-Day Moving Average of $2,161.69

Derwent London Plc (LON:DLN)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,161.69 ($27.42) and traded as high as GBX 2,288 ($29.02). Derwent London shares last traded at GBX 2,226 ($28.24), with a volume of 185,776 shares.

Derwent London Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.38 and a debt-to-equity ratio of 39.06. The company’s 50-day moving average is GBX 2,219.86 and its two-hundred day moving average is GBX 2,161.69. The stock has a market capitalization of £2.50 billion, a P/E ratio of -525.00, a P/E/G ratio of 23.10 and a beta of 0.94.

Insider Activity at Derwent London

In other Derwent London news, insider Rob Wilkinson purchased 1,500 shares of the stock in a transaction dated Monday, June 10th. The shares were bought at an average cost of GBX 2,318 ($29.41) per share, with a total value of £34,770 ($44,107.57). 8.06% of the stock is owned by insiders.

Derwent London Company Profile

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.