Hongkong Land Holdings Limited (LON:HKLD - Get Free Report)'s stock price fell 16.6% on Thursday . The company traded as low as GBX 6.18 ($0.08) and last traded at GBX 6.18 ($0.08). 600 shares were traded during mid-day trading, a decline of 94% from the average session volume of 10,225 shares. The stock had previously closed at GBX 7.41 ($0.10).
Hongkong Land Stock Down 15.4%
The stock has a market capitalization of £138.57 million, a price-to-earnings ratio of -24.12, a PEG 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. The firm's 50 day moving average is GBX 5.58.
Insider Activity at Hongkong Land
In related news, insider Craig Beattie purchased 17,600 shares of the firm's stock in a transaction on Friday, May 2nd. The shares were bought at an average price of GBX 489 ($6.60) per share, for a total transaction of £86,064 ($116,098.75). 53.40% of the stock is currently owned by corporate insiders.
Hongkong Land Company Profile
(
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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