Hammerson Plc (LON:HMSO - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 273.49 ($3.68) and traded as high as GBX 301.20 ($4.05). Hammerson shares last traded at GBX 301.20 ($4.05), with a volume of 2,144,717 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Citigroup lowered their price target on Hammerson from GBX 421 ($5.66) to GBX 385 ($5.18) and set a "buy" rating on the stock in a report on Monday, July 28th.
Check Out Our Latest Stock Report on Hammerson
Hammerson Trading Up 0.3%
The stock has a fifty day moving average of GBX 294.49 and a 200 day moving average of GBX 274.07. The company has a market capitalization of £1.47 billion, a P/E ratio of -54.87, a PEG ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65.
Hammerson (LON:HMSO - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported GBX 16.20 ($0.22) EPS for the quarter. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%. As a group, equities research analysts anticipate that Hammerson Plc will post 20.7491639 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Rita-Rose Gagné sold 97,037 shares of Hammerson stock in a transaction dated Thursday, June 19th. The stock was sold at an average price of GBX 292 ($3.93), for a total value of £283,348.04 ($381,100.26). Corporate insiders own 77.21% of the company's stock.
About Hammerson
(
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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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