Vicinity Centres (ASX:VCX)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.54 and traded as low as $2.58. Vicinity Centres shares last traded at $2.59, with a volume of 8,958,634 shares.
The company has a debt-to-equity ratio of 42.18, a current ratio of 0.15 and a quick ratio of 0.10. The stock has a market cap of $9.74 billion and a price-to-earnings ratio of 28.78. The company’s fifty day moving average price is A$2.54 and its 200-day moving average price is A$2.56.
In related news, insider Janette Kendall acquired 11,956 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average price of A$2.49 ($1.77) per share, for a total transaction of A$29,770.44 ($21,113.79). Also, insider Grant Kelley 163,575 shares of Vicinity Centres stock in a transaction on Thursday, September 26th.
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform and $26 billion in retail assets under management across 66 shopping centres, making it the second largest listed manager of Australian retail property.
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