Hammerson (LON:HMSO) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Hammerson Plc (LON:HMSOGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 136.42 ($1.71) and traded as high as GBX 284 ($3.57). Hammerson shares last traded at GBX 278.20 ($3.50), with a volume of 1,773,916 shares changing hands.

Hammerson Stock Up 0.6 %

The company has a market capitalization of £1.39 billion, a P/E ratio of -3,499.59, a P/E/G ratio of 1.68 and a beta of 2.30. The business’s fifty day moving average price is GBX 293.17 and its 200 day moving average price is GBX 138.40. The company has a current ratio of 10.65, a quick ratio of 1.28 and a debt-to-equity ratio of 80.77.

Hammerson Company Profile

(Get Free Report)

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.

Further Reading

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