Hongkong Land (LON:HKLD) Shares Up 1.8% – Still a Buy?

Hongkong Land Holdings Limited (LON:HKLDGet Free Report)’s stock price rose 1.8% on Thursday . The company traded as high as GBX 7.54 and last traded at GBX 7.54. 27,500 shares were traded during mid-day trading, an increase of 65% from the average session volume of 16,685 shares. The stock had previously closed at GBX 7.41.

Hongkong Land Stock Performance

The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 20.55. The stock has a market capitalization of £161.22 million, a price-to-earnings ratio of 0.13, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. The stock’s 50-day simple moving average is GBX 7.43 and its 200 day simple moving average is GBX 7.88.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta. The company also develops and sells residential properties.

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