Hammerson (LON:HMSO) Shares Cross Above 200-Day Moving Average – Here’s Why

Hammerson Plc (LON:HMSO) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 84.74 ($1.10) and traded as high as GBX 292.80 ($3.81). Hammerson shares last traded at GBX 288.80 ($3.76), with a volume of 604,293 shares changing hands.

Hammerson Stock Down 0.8 %

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 market cap of £1.44 billion, a PE ratio of -3,610.00, a PEG ratio of 1.68 and a beta of 2.30. The company’s 50-day simple moving average is GBX 190.87 and its two-hundred day simple moving average is GBX 84.74.

Insiders Place Their Bets

In other Hammerson news, insider Rita-Rose Gagné sold 666,311 shares of the company’s stock in a transaction 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 ($251,536.31). In other Hammerson news, insider Rita-Rose Gagné sold 666,311 shares of the company’s stock in a transaction 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 ($251,536.31). Also, insider Himanshu Raja sold 218,876 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of GBX 27 ($0.35), for a total transaction of £59,096.52 ($76,928.56). Company insiders own 77.21% 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.