Hammerson (LON:HMSO) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Hammerson Plc (LON:HMSOGet Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 212.73 ($2.68) and traded as high as GBX 293.60 ($3.69). Hammerson shares last traded at GBX 290.20 ($3.65), with a volume of 327,831 shares changing hands.

Hammerson Trading Down 0.8 %

The business’s 50-day moving average is GBX 281.32 and its two-hundred day moving average is GBX 216.41. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. The stock has a market capitalization of £1.41 billion, a PE ratio of -52.68, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30.

About Hammerson

(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.

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