Hongkong Land Holdings Limited (LON:HKLD - Get Free Report) dropped 16.6% during trading on Thursday . The company traded as low as GBX 6.18 ($0.08) and last traded at GBX 6.18 ($0.08). Approximately 600 shares changed hands during trading, a decline of 94% from the average daily volume of 10,225 shares. The stock had previously closed at GBX 7.41 ($0.10).
Hongkong Land Stock Performance
The business has a fifty day moving average price of GBX 5.58. The stock has a market cap of £136.58 million, a PE ratio of -23.77, a P/E/G ratio of 2.50 and a beta of 0.52. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.65 and a current ratio of 1.70.
Insiders Place Their Bets
In related news, insider Craig Beattie bought 17,600 shares of Hongkong Land stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of GBX 489 ($6.64) per share, with a total value of £86,064 ($116,918.90). 53.40% of the stock is currently owned by company insiders.
About Hongkong Land
(
Get Free Report)
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
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