Hammerson (LON:HMSO) Stock Price Passes Above 200-Day Moving Average of $27.28

Shares of Hammerson Plc (LON:HMSO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 27.28 ($0.35) and traded as high as GBX 27.96 ($0.35). Hammerson shares last traded at GBX 27.56 ($0.35), with a volume of 3,988,643 shares trading hands.

Hammerson Trading Up 0.5 %

The company has a market cap of £1.38 billion, a price-to-earnings ratio of -2,761.20, a PEG ratio of 1.68 and a beta of 2.30. The firm has a 50 day moving average price of GBX 27.99 and a two-hundred day moving average price of GBX 27.28. The company has a quick ratio of 1.28, a current ratio of 2.30 and a debt-to-equity ratio of 68.44.

Insider Activity

In related news, insider Habib Annous purchased 12,936 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The stock was bought at an average price of GBX 29 ($0.37) per share, with a total value of £3,751.44 ($4,758.90). In other Hammerson news, insider Himanshu Raja bought 1,144 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average price of GBX 29 ($0.37) per share, with a total value of £331.76 ($420.86). Also, insider Habib Annous bought 12,936 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were acquired at an average cost of GBX 29 ($0.37) per share, with a total value of £3,751.44 ($4,758.90). Insiders own 18.61% of the company’s stock.

Hammerson Company Profile

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.