Hongkong Land (LON:HKLD) Stock Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Hongkong Land Holdings Limited (LON:HKLD – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 8.02 and traded as high as GBX 8.32. Hongkong Land shares last traded at GBX 8.32, with a volume of 1,200 shares traded.

Hongkong Land Stock Performance

The firm has a market cap of £177.90 million, a PE ratio of 0.08, a PEG ratio of 2.50 and a beta of 0.52. The company has a 50-day simple moving average of GBX 8.33 and a two-hundred day simple moving average of GBX 8.02. The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 20.55.

Hongkong Land Company Profile

(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.

Further Reading

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