Hammerson (LON:HMSO) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Hammerson Plc (LON:HMSOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 52.50 ($0.69) and traded as high as GBX 313.80 ($4.10). Hammerson shares last traded at GBX 308.60 ($4.03), with a volume of 775,107 shares changing hands.

Hammerson Price Performance

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 business has a 50-day simple moving average of GBX 97.31 and a 200 day simple moving average of GBX 52.50. The firm has a market cap of £1.53 billion, a P/E ratio of -3,857.50, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30.

Hammerson Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, August 22nd were paid a GBX 0.76 ($0.01) dividend. This represents a yield of 2.55%. The ex-dividend date was Thursday, August 22nd. Hammerson’s payout ratio is -18,750.00%.

Insider Activity

In other news, insider Habib Annous bought 280,552 shares of the stock in a transaction dated Tuesday, July 30th. The stock was bought at an average price of GBX 29 ($0.38) per share, for a total transaction of £81,360.08 ($106,241.94). In other Hammerson news, insider Habib Annous bought 280,552 shares of the stock in a transaction dated Tuesday, July 30th. The stock was purchased at an average cost of GBX 29 ($0.38) per share, for a total transaction of £81,360.08 ($106,241.94). Also, insider Rita-Rose Gagné sold 666,311 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of GBX 29 ($0.38), for a total value of £193,230.19 ($252,324.61). Insiders own 77.21% of the company’s stock.

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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