Hammerson (LON:HMSO) Stock Passes Above 200-Day Moving Average of $26.62

Shares of Hammerson Plc (LON:HMSO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 26.62 ($0.33) and traded as high as GBX 28.88 ($0.36). Hammerson shares last traded at GBX 28.88 ($0.36), with a volume of 3,086,281 shares traded.

Hammerson Stock Performance

The company has a current ratio of 2.30, a quick ratio of 1.28 and a debt-to-equity ratio of 68.44. The company has a market cap of £1.44 billion, a PE ratio of -2,892.00, a P/E/G ratio of 1.68 and a beta of 2.31. The firm’s 50-day simple moving average is GBX 27.06 and its two-hundred day simple moving average is GBX 26.62.

Hammerson Increases Dividend

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

Hammerson Company Profile

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.