Hammerson plc (OTCMKTS:HMSNF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 5,033,900 shares, a decline of 29.1% from the August 15th total of 7,101,700 shares. Based on an average daily trading volume, of 393,300 shares, the days-to-cover ratio is presently 12.8 days.
Several equities analysts recently issued reports on HMSNF shares. HSBC upgraded Hammerson from a “reduce” rating to a “hold” rating in a research report on Thursday, July 15th. Zacks Investment Research lowered Hammerson from a “buy” rating to a “hold” rating in a research report on Friday. Finally, UBS Group reiterated a “sell” rating on shares of Hammerson in a research report on Thursday, July 22nd. Five analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Hammerson currently has a consensus rating of “Hold” and a consensus price target of $0.50.
Shares of Hammerson stock traded down $0.01 on Tuesday, reaching $0.45. 545 shares of the company were exchanged, compared to its average volume of 177,151. Hammerson has a one year low of $0.19 and a one year high of $0.63. The company has a 50-day moving average of $0.49 and a 200 day moving average of $0.51. The company has a current ratio of 3.70, a quick ratio of 1.71 and a debt-to-equity ratio of 0.73.
Hammerson Plc engages in the investment, development, and management of shopping centers, retail parks, and offices. It operates through the following geographical segments: United Kingdom, France, and Ireland. The United Kingdom segment consists of shopping centers, retail parks, and other. The France segment involves in the development activities.
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