Shares of Hongkong Land Holdings Limited (LON:HKLD – Get Free Report) shot up 12.8% on Wednesday . The company traded as high as GBX 8.36 and last traded at GBX 8.36. 3,300 shares were traded during trading, a decline of 74% from the average session volume of 12,673 shares. The stock had previously closed at GBX 7.41.
Hongkong Land Stock Performance
The stock has a market capitalization of £180.48 million, a price-to-earnings ratio of -0.56, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65. The stock has a 50-day moving average of GBX 7.09 and a 200 day moving average of GBX 6.55.
About Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta. The company also develops and sells residential properties.
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