LSL Property Services (LON:LSL) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of LSL Property Services plc (LON:LSL – Get Free Report) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 233.20 and traded as high as GBX 259. LSL Property Services shares last traded at GBX 249, with a volume of 83,105 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of LSL Property Services in a report on Tuesday, September 15th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, LSL Property Services presently has a consensus rating of “Buy” and a consensus target price of GBX 360.50.

Read Our Latest Report on LSL Property Services

LSL Property Services Stock Up 1.6%

The firm has a fifty day moving average of GBX 257.22 and a 200-day moving average of GBX 233.28. The company has a quick ratio of 1.05, a current ratio of 2.60 and a debt-to-equity ratio of 46.65. The firm has a market cap of £249.93 million, a P/E ratio of 15.80, a price-to-earnings-growth ratio of 1.49 and a beta of 0.44.

LSL Property Services (LON:LSL – Get Free Report) last posted its quarterly earnings results on Tuesday, September 15th. The company reported GBX 11.90 earnings per share for the quarter. LSL Property Services had a return on equity of 21.39% and a net margin of 9.26%. On average, equities research analysts anticipate that LSL Property Services plc will post 24.137931 earnings per share for the current year.

Insider Buying and Selling at LSL Property Services

In other news, insider Darrell Evans bought 2,581 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was acquired at an average cost of GBX 246 per share, with a total value of £6,349.26. Corporate insiders own 21.39% of the company’s stock.

About LSL Property Services

(Get Free Report)

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.

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