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

Hammerson Plc (LON:HMSO)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 223.78 ($2.84) and traded as high as GBX 292.80 ($3.71). Hammerson shares last traded at GBX 289.40 ($3.67), with a volume of 1,335,552 shares changing hands.

Hammerson Stock Down 5.7 %

The stock’s fifty day moving average is GBX 281.75 and its 200 day moving average is GBX 223.78. The company has a current ratio of 10.65, a quick ratio of 1.28 and a debt-to-equity ratio of 80.77. The company has a market capitalization of £1.33 billion, a P/E ratio of -49.80, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30.

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.