Hammerson (LON:HMSO) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Hammerson Plc (LON:HMSO) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 74.07 ($0.96) and traded as high as GBX 303.40 ($3.93). Hammerson shares last traded at GBX 287.40 ($3.73), with a volume of 1,985,368 shares traded.

Hammerson Trading Up 1.5 %

The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77. The company’s fifty day moving average price is GBX 169.93 and its two-hundred day moving average price is GBX 77.40. The firm has a market cap of £1.45 billion, a PE ratio of -3,647.50, a P/E/G ratio of 1.68 and a beta of 2.30.

Insider Activity at Hammerson

In other news, insider Himanshu Raja sold 218,876 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of GBX 27 ($0.35), for a total value of £59,096.52 ($76,639.24). In other Hammerson news, insider Rita-Rose Gagné sold 666,311 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of GBX 29 ($0.38), for a total transaction of £193,230.19 ($250,590.31). Also, insider Himanshu Raja sold 218,876 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of GBX 27 ($0.35), for a total transaction of £59,096.52 ($76,639.24). 77.21% 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.