HomeFed (OTCMKTS:HOFD) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

HomeFed Co. (OTCMKTS:HOFDGet Free Report) passed below its 50 day moving average during trading on Thursday . 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 changing 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 business’s 50-day simple moving average is $38.39 and its two-hundred day simple moving average is $38.39.

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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