LSL Property Services (LON:LSL) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

LSL Property Services plc (LON:LSL) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 232.14 and traded as high as GBX 274. LSL Property Services shares last traded at GBX 273, with a volume of 249,735 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 361 price target on shares of LSL Property Services in a report on Friday, May 15th. Shore Capital Group reissued a “house stock” rating on shares of LSL Property Services in a report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 360.50.

LSL Property Services Price Performance

The company has a market cap of £270.99 million, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.49 and a beta of 0.43. The company has a fifty day simple moving average of GBX 231.06 and a two-hundred day simple moving average of GBX 232.17. The company has a quick ratio of 1.05, a current ratio of 2.25 and a debt-to-equity ratio of 55.75.

Insider Buying and Selling at LSL Property Services

In other LSL Property Services news, insider Sonya Ghobrial acquired 4,716 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of GBX 212 per share, with a total value of £9,997.92. Also, insider Gaby Appleton acquired 4,617 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average price of GBX 215 per share, with a total value of £9,926.55. In the last quarter, insiders acquired 58,119 shares of company stock valued at $12,574,671. Company insiders own 21.26% of the company’s stock.

LSL Property Services Company Profile

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.