What’s Next for LXB Retail Properties Plc After Today’s Huge Decline?

 What's Next for LXB Retail Properties Plc After Today's Huge Decline?

The stock of LXB Retail Properties Plc (LON:LXB) is a huge mover today! The stock decreased 8.44% or GBX 3.25 on November 22, hitting GBX 35.25. About 3.61 million shares traded hands or 1738.93% up from the average. LXB Retail Properties Plc (LON:LXB) has declined 62.90% since April 21, 2016 and is downtrending. It has underperformed by 67.45% the S&P500.
The move comes after 5 months negative chart setup for the GBX 59.34M company. It was reported on Nov, 22 by Barchart.com. We have GBX 33.84 PT which if reached, will make LON:LXB worth GBX 2.37 million less.

LXB Retail Properties Plc is a Jersey closed-ended real estate investment company. The company has a market cap of 59.34 million GBP. The Firm operates in property investment segment. It has a 5.13 P/E ratio. The Company’s investment properties are located in the United Kingdom.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment