Hammerson (LON:HMSO) Stock Crosses Above 200-Day Moving Average - Here's Why

Hammerson Plc (LON:HMSO - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 271 ($3.68) and traded as high as GBX 293.90 ($3.99). Hammerson shares last traded at GBX 293.82 ($3.99), with a volume of 666,558 shares.

Hammerson Price Performance

The stock's fifty day moving average is GBX 281.48 and its 200-day moving average is GBX 271.15. The stock has a market capitalization of £1.41 billion, a PE ratio of -52.75, a P/E/G ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28.

Insider Transactions at Hammerson

In related news, insider Rita-Rose Gagné sold 97,037 shares of the stock in a transaction on Thursday, June 19th. The shares were sold at an average price of GBX 292 ($3.97), for a total transaction of £283,348.04 ($385,088.39). Company insiders own 77.21% of the company's stock.

Hammerson Company Profile

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.