Shares of Hammerson Plc (LON:HMSO - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 272.30 ($3.66) and traded as high as GBX 304 ($4.08). Hammerson shares last traded at GBX 300 ($4.03), with a volume of 530,196 shares traded.
Analyst Ratings Changes
Separately, Citigroup cut their price target on Hammerson from GBX 421 ($5.66) to GBX 385 ($5.17) and set a "buy" rating on the stock in a research note on Monday.
Read Our Latest Research Report on HMSO
Hammerson Price Performance
The company has a current ratio of 10.65, a quick ratio of 1.28 and a debt-to-equity ratio of 80.77. The company has a market cap of £1.46 billion, a PE ratio of -54.62, a P/E/G ratio of 1.68 and a beta of 2.30. The firm has a 50 day moving average of GBX 289.49 and a two-hundred day moving average of GBX 272.63.
Insider Buying and Selling at Hammerson
In related news, insider Rita-Rose Gagné sold 97,037 shares of the company's stock in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of GBX 292 ($3.92), for a total value of £283,348.04 ($380,741.79). 77.21% of the stock is owned by insiders.
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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