HomeFed (OTCMKTS:HOFD) Trading Up 2.1% – Still a Buy?

HomeFed Co. (OTCMKTS:HOFDGet Free Report) shares rose 2.1% on Thursday . The stock traded as high as $38.55 and last traded at $38.39. 53,600 shares changed hands during trading, an increase of 681% from the average session volume of 6,864 shares. The stock had previously closed at $37.60.

HomeFed Stock Up 2.1 %

The company’s 50-day simple moving average is $38.39 and its 200 day simple moving average is $38.39. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.31 and a quick ratio of 2.31.

About HomeFed

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HomeFed Corporation, together with its subsidiaries, invests in and develops residential and commercial real estate properties in California, Virginia, South Carolina, Florida, Maine, and New York. The company develops residential and commercial land development projects and other unimproved land, as well as projects in various stages of development, and retail and office operating properties.

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