HomeFed (OTCMKTS:HOFD) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

HomeFed Co. (OTCMKTS:HOFDGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $38.39 and traded as low as $37.97. HomeFed shares last traded at $38.39, with a volume of 53,600 shares trading hands.

HomeFed Price Performance

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

HomeFed Company Profile

(Get Free Report)

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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