Hammerson (OTCMKTS:HMSNF) Sees Strong Trading Volume - Here's Why

Key Points

• Hammerson PLC experienced a significant increase in trading volume, with approximately 12,456 shares traded, representing a 445% increase from the previous session.
• The company's stock rose by 3.3%, closing at $3.94, up from its previous close of $3.82.
• Hammerson's real estate portfolio is valued at £4.7 billion, focusing on prime urban properties in fast-growing cities across the UK, Ireland, and France.

Hammerson PLC (OTCMKTS:HMSNF - ) saw unusually-high trading volume on Tuesday . Approximately 12,456 shares were traded during mid-day trading, an increase of 445% from the previous session's volume of 2,284 shares.The stock last traded at $3.94 and had previously closed at $3.82.

Hammerson Stock Up 3.3%

The company has a 50 day simple moving average of $3.81 and a two-hundred day simple moving average of $3.74.

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.

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