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

Shares of LSL Property Services plc (LON:LSL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 232.36 and traded as high as GBX 274. LSL Property Services shares last traded at GBX 270, with a volume of 1,258,248 shares.

Wall Street Analyst Weigh In

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

LSL Property Services Stock Up 1.5%

The firm’s 50 day moving average is GBX 238.15 and its two-hundred day moving average is GBX 232.36. The stock has a market cap of £270.55 million, a price-to-earnings ratio of 16.98, a P/E/G ratio of 1.49 and a beta of 0.43. The company has a current ratio of 2.25, a quick ratio of 1.05 and a debt-to-equity ratio of 55.75.

Insider Activity

In other news, insider Darrell Evans acquired 2,581 shares of LSL Property Services stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average price of GBX 246 per share, with a total value of £6,349.26. Insiders own 21.26% of the company’s stock.

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.