Hammerson (LON:HMSO) Stock Price Passes Above 200 Day Moving Average of $27.32

Hammerson Plc (LON:HMSO) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 27.32 ($0.35) and traded as high as GBX 29.88 ($0.38). Hammerson shares last traded at GBX 29.60 ($0.37), with a volume of 9,086,060 shares traded.

Hammerson Stock Performance

The company has a current ratio of 2.30, a quick ratio of 1.28 and a debt-to-equity ratio of 68.44. The stock’s 50 day moving average is GBX 28.14 and its 200 day moving average is GBX 27.32. The stock has a market capitalization of £1.48 billion, a price-to-earnings ratio of -2,960.00, a PEG ratio of 1.68 and a beta of 2.30.

Insider Buying and Selling at Hammerson

In other news, insider Himanshu Raja bought 1,144 shares of the stock in a transaction on Friday, May 31st. The stock was purchased at an average cost of GBX 29 ($0.37) per share, with a total value of £331.76 ($419.63). In related news, insider Himanshu Raja acquired 1,144 shares of the business’s stock in a transaction dated Friday, May 31st. The shares were acquired at an average cost of GBX 29 ($0.37) per share, for a total transaction of £331.76 ($419.63). Also, insider Habib Annous bought 12,936 shares of the stock in a transaction that occurred on 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 ($4,745.05). 18.61% of the stock is owned by insiders.

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.