Hammerson (LON:HMSO) Shares Cross Above 200 Day Moving Average of $28.08

Hammerson Plc (LON:HMSO) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 28.08 ($0.37) and traded as high as GBX 30.94 ($0.41). Hammerson shares last traded at GBX 30.74 ($0.41), with a volume of 13,187,258 shares.

Hammerson Trading Up 1.3 %

The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77. The firm has a 50 day moving average price of GBX 28.79 and a 200 day moving average price of GBX 28.08. The stock has a market capitalization of £1.53 billion, a PE ratio of -3,074.00, a P/E/G ratio of 1.68 and a beta of 2.30.

Hammerson Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, August 22nd will be given a GBX 0.76 ($0.01) dividend. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, August 22nd. Hammerson’s payout ratio is currently -20,000.00%.

Insider Buying and Selling at Hammerson

In related news, insider Himanshu Raja sold 218,876 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of GBX 27 ($0.36), for a total transaction of £59,096.52 ($78,066.74). In other news, insider Himanshu Raja sold 218,876 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of GBX 27 ($0.36), for a total value of £59,096.52 ($78,066.74). Also, insider Rita-Rose Gagné sold 666,311 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of GBX 29 ($0.38), for a total value of £193,230.19 ($255,257.85). Company insiders own 7.58% of the company’s stock.

About Hammerson

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.