Shaftesbury Capital (LON:SHC) Sets New 12-Month Low – Should You Sell?

Shaftesbury Capital PLC (LON:SHC)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 118.80 ($1.46) and last traded at GBX 119.20 ($1.47), with a volume of 1043032 shares. The stock had previously closed at GBX 122.10 ($1.50).

Shaftesbury Capital Price Performance

The business has a 50 day moving average of GBX 130.33 and a 200 day moving average of GBX 140.69. The firm has a market capitalization of £2.30 billion, a price-to-earnings ratio of -2,942.50 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.