Hammerson (LON:HMSO) Reaches New 52-Week High at $30.26

Hammerson Plc (LON:HMSOGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as GBX 30.26 ($0.38) and last traded at GBX 30.20 ($0.38), with a volume of 1624634 shares. The stock had previously closed at GBX 29.60 ($0.37).

Hammerson Stock Performance

The business’s fifty day moving average price is GBX 28.14 and its two-hundred day moving average price is GBX 27.32. The company has a debt-to-equity ratio of 68.44, a quick ratio of 1.28 and a current ratio of 2.30. The stock has a market capitalization of £1.49 billion, a P/E ratio of -2,972.00, a P/E/G ratio of 1.68 and a beta of 2.30.

Insiders Place Their Bets

In related news, insider Himanshu Raja acquired 1,144 shares of the stock in a transaction dated Friday, May 31st. The stock was acquired at an average cost of GBX 29 ($0.37) per share, with a total value of £331.76 ($419.63). In other news, insider Habib Annous purchased 12,936 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The stock was purchased at an average cost of GBX 29 ($0.37) per share, with a total value of £3,751.44 ($4,745.05). Also, insider Himanshu Raja acquired 1,144 shares of Hammerson stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average cost of GBX 29 ($0.37) per share, for a total transaction of £331.76 ($419.63). 18.61% of the stock is currently owned by insiders.

Hammerson Company Profile

(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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