HomeFed (OTCMKTS:HOFD) Stock Price Up 2.1% – Time to Buy?

Shares of HomeFed Co. (OTCMKTS:HOFDGet Free Report) rose 2.1% during mid-day trading on Thursday . The company traded as high as $38.55 and last traded at $38.39. Approximately 53,600 shares changed hands during mid-day trading, an increase of 681% from the average daily volume of 6,864 shares. The stock had previously closed at $37.60.

HomeFed Stock Up 2.1 %

The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $38.39 and a 200-day simple moving average of $38.39.

HomeFed Company Profile

(Get Free Report)

HomeFed Corporation, together with its subsidiaries, invests in and develops residential and commercial real estate properties in California, Virginia, South Carolina, Florida, Maine, and New York. The company develops residential and commercial land development projects and other unimproved land, as well as projects in various stages of development, and retail and office operating properties.

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