Hongkong Land Holdings Limited (LON:HKLD - Get Free Report) traded down 47% during mid-day trading on Tuesday . The stock traded as low as GBX 3.93 ($0.05) and last traded at GBX 3.93 ($0.05). 1,000 shares traded hands during trading, a decline of 90% from the average session volume of 10,225 shares. The stock had previously closed at GBX 7.41 ($0.10).
Hongkong Land Price Performance
The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65. The company's 50-day simple moving average is GBX 7.34 and its 200-day simple moving average is GBX 7.36. The stock has a market capitalization of £86.85 million, a P/E ratio of -15.12, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52.
Hongkong Land Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Thursday, August 22nd will be given a dividend of $0.06 per share. This represents a yield of 0.81%. The ex-dividend date of this dividend is Thursday, August 22nd. Hongkong Land's dividend payout ratio (DPR) is currently -8,461.54%.
About Hongkong Land
(
Get Free Report)
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hongkong Land, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hongkong Land wasn't on the list.
While Hongkong Land currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.