Hammerson (LON:HMSO) Shares Pass Above 200 Day Moving Average of $26.34

Hammerson Plc (LON:HMSO)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 26.34 ($0.33) and traded as high as GBX 27.30 ($0.34). Hammerson shares last traded at GBX 27.24 ($0.34), with a volume of 4,152,615 shares trading hands.

Hammerson Stock Performance

The business has a 50 day simple moving average of GBX 26.58 and a 200 day simple moving average of GBX 26.34. The company has a quick ratio of 1.28, a current ratio of 2.30 and a debt-to-equity ratio of 68.44. The company has a market capitalization of £1.36 billion, a PE ratio of -2,724.00, a PEG ratio of 1.68 and a beta of 2.28.

Hammerson Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, April 4th will be paid a GBX 0.78 ($0.01) dividend. This represents a dividend yield of 3.15%. This is a boost from Hammerson’s previous dividend of $0.72. The ex-dividend date is Thursday, April 4th. Hammerson’s dividend payout ratio (DPR) is presently -20,000.00%.

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.