Shaftesbury Capital (LON:SHC) Stock Price Down 1.5% – Time to Sell?

Shaftesbury Capital PLC (LON:SHC) was down 1.5% during mid-day trading on Tuesday . The company traded as low as GBX 120.70 ($1.51) and last traded at GBX 122.10 ($1.52). Approximately 2,926,881 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 2,220,724 shares. The stock had previously closed at GBX 124 ($1.55).

Shaftesbury Capital Stock Performance

The stock’s fifty day simple moving average is GBX 131.12 and its two-hundred day simple moving average is GBX 140.96. The stock has a market capitalization of £2.38 billion, a P/E ratio of -3,052.50 and a beta of 1.15.

About Shaftesbury Capital

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.