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Hammerson (LON:HMSO) Stock Price Passes Above 200-Day Moving Average - Here's Why

Hammerson logo with Real Estate background

Hammerson Plc (LON:HMSO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 167.68 ($2.05) and traded as high as GBX 277.40 ($3.39). Hammerson shares last traded at GBX 275 ($3.36), with a volume of 1,913,913 shares trading hands.

Hammerson Stock Up 2.8 %

The firm's fifty day moving average is GBX 281.94 and its 200-day moving average is GBX 169.42. The stock has a market capitalization of £1.41 billion, a PE ratio of -3,535.00, a PEG ratio of 1.68 and a beta of 2.30. The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77.

Hammerson Company Profile

(Get Free Report)

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.

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