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Hammerson (LON:HMSO) Hits New 1-Year High - Time to Buy?

Hammerson logo with Real Estate background

Hammerson Plc (LON:HMSO - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as GBX 330.96 ($4.49) and last traded at GBX 330.96 ($4.49), with a volume of 3366081 shares trading hands. The stock had previously closed at GBX 290 ($3.94).

Hammerson Trading Up 0.8%

The company has a fifty day simple moving average of GBX 256.57 and a two-hundred day simple moving average of GBX 269.74. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28. The company has a market capitalization of £1.43 billion, a P/E ratio of -53.34, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30.

Insider Buying and Selling at Hammerson

In other news, insider Himanshu Raja sold 44,509 shares of Hammerson stock in a transaction dated Friday, April 4th. The stock was sold at an average price of GBX 239 ($3.25), for a total value of £106,376.51 ($144,454.79). Corporate insiders own 77.21% of the company's stock.

About Hammerson

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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