Derwent London (LON:DLN) Reaches New 52-Week Low – Here’s Why

Posted by Dante Gardener on Jan 16th, 2025

Derwent London Plc (LON:DLN – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1,823 ($22.31) and last traded at GBX 1,831 ($22.41), with a volume of 212421 shares traded. The stock had previously closed at GBX 1,850 ($22.64).

Wall Street Analyst Weigh In

Separately, Shore Capital upgraded shares of Derwent London to a “buy” rating in a research report on Wednesday, December 4th.

Check Out Our Latest Analysis on DLN

Derwent London Stock Down 1.0 %

The company has a market cap of £2.15 billion, a P/E ratio of -596.95, a P/E/G ratio of 23.10 and a beta of 1.03. The stock has a 50-day moving average of GBX 2,023.52 and a two-hundred day moving average of GBX 2,213.49. The company has a debt-to-equity ratio of 40.68, a quick ratio of 0.38 and a current ratio of 0.51.

Derwent London Company Profile

(Get Free Report)

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.