LSL Property Services (LON:LSL) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

LSL Property Services plc (LON:LSL) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 232.75 and traded as high as GBX 273. LSL Property Services shares last traded at GBX 268, with a volume of 180,707 shares changing hands.

Analyst Ratings Changes

Several research firms have recently issued reports on LSL. Shore Capital Group reissued a “house stock” rating on shares of LSL Property Services in a research note on Friday, May 15th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 361 price target on shares of LSL Property Services in a report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, LSL Property Services has an average rating of “Buy” and a consensus target price of GBX 360.50.

LSL Property Services Stock Performance

The company has a current ratio of 2.25, a quick ratio of 1.05 and a debt-to-equity ratio of 55.75. The firm’s fifty day moving average is GBX 245.81 and its 200 day moving average is GBX 232.84. The company has a market cap of £263.66 million, a PE ratio of 16.54, a price-to-earnings-growth ratio of 1.49 and a beta of 0.43.

Insider Buying and Selling at LSL Property Services

In related news, insider Darrell Evans purchased 2,581 shares of LSL Property Services stock in a transaction that occurred on Thursday, July 30th. The stock was purchased at an average price of GBX 246 per share, for a total transaction of £6,349.26. 21.26% of the stock is currently owned by company insiders.

About LSL Property Services

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.