LSL Property Services (LON:LSL) Trading Down 1.8% – Should You Sell?

LSL Property Services plc (LON:LSL)’s share price fell 1.8% on Thursday . The stock traded as low as GBX 265 ($3.38) and last traded at GBX 269 ($3.43). 43,332 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 108,325 shares. The stock had previously closed at GBX 274 ($3.49).

LSL Property Services Stock Performance

The company has a debt-to-equity ratio of 62.66, a current ratio of 1.29 and a quick ratio of 1.06. The company has a fifty day moving average of GBX 292.09 and a two-hundred day moving average of GBX 317.05. The stock has a market capitalization of £278.34 million, a P/E ratio of 2,266.67, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09.

LSL Property Services Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, September 26th were given a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 1.23%. The ex-dividend date was Thursday, September 26th. LSL Property Services’s dividend payout ratio is currently 9,166.67%.

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.