Hammerson (LON:HMSO) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Hammerson Plc (LON:HMSOGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 198.66 ($2.46) and traded as high as GBX 294.60 ($3.65). Hammerson shares last traded at GBX 286.20 ($3.55), with a volume of 700,952 shares trading hands.

Hammerson Trading Down 2.1 %

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 firm has a fifty day moving average of GBX 281.50 and a 200 day moving average of GBX 198.66. The firm has a market capitalization of £1.42 billion, a PE ratio of -3,577.50, a P/E/G ratio of 1.68 and a beta of 2.30.

Hammerson Company Profile

(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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