Hammerson (LON:HMSO) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Hammerson Plc (LON:HMSOGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Hammerson Trading Up 2.9 %

The company’s 50-day moving average price is GBX 282.31 and its 200-day moving average price is GBX 167.68. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. The firm has a market capitalization of £1.37 billion, a PE ratio of -3,437.50, a PEG ratio of 1.68 and a beta of 2.30.

About Hammerson

(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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