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

Hammerson Plc (LON:HMSO)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.

Hammerson Price Performance

The company has a market capitalization of £1.38 billion, a price-to-earnings ratio of -2,756.00, a P/E/G ratio of 1.68 and a beta of 2.30. The firm has a 50-day simple moving average of GBX 27.97 and a two-hundred day simple moving average of GBX 27.28. The company has a current ratio of 2.30, a quick ratio of 1.28 and a debt-to-equity ratio of 68.44.

Insider Buying and Selling at Hammerson

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

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.