Capital & Regional (LON:CAL) Share Price Passes Below 200-Day Moving Average of $0.00

Capital & Regional plc (LON:CAL)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $15.48. Capital & Regional shares last traded at $15.70, with a volume of 579,657 shares trading hands.

A number of research firms have recently issued reports on CAL. JPMorgan Chase & Co. reduced their price target on shares of Capital & Regional from GBX 32 ($0.42) to GBX 28 ($0.37) and set a “neutral” rating on the stock in a research note on Wednesday, April 10th. Peel Hunt restated a “hold” rating on shares of Capital & Regional in a report on Friday.

The company has a current ratio of 1.28, a quick ratio of 1.12 and a debt-to-equity ratio of 114.25. The firm has a market cap of $114.77 million and a PE ratio of -4.51. The company’s fifty day moving average is GBX 15.74.

About Capital & Regional (LON:CAL)

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of their local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c.£0.9 billion portfolio of tailored in-town shopping centres.

Featured Story: What is Net Asset Value (NAV)?

Receive News & Ratings for Capital & Regional Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital & Regional and related companies with MarketBeat.com's FREE daily email newsletter.