Shares of Hongkong Land Holdings Limited (LON:HKLD - Get Free Report) were down 25.2% on Wednesday . The stock traded as low as GBX 5.54 ($0.07) and last traded at GBX 5.54 ($0.07). Approximately 500 shares were traded during trading, a decline of 95% from the average daily volume of 10,225 shares. The stock had previously closed at GBX 7.41 ($0.10).
Hongkong Land Price Performance
The company's 50 day moving average is GBX 6.14. 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 company has a market capitalization of £122.43 million, a PE ratio of -21.31, a PEG ratio of 2.50 and a beta of 0.52.
Insiders Place Their Bets
In other news, insider Craig Beattie purchased 17,600 shares of Hongkong Land stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average cost of GBX 489 ($6.56) per share, with a total value of £86,064 ($115,491.14). Also, insider Michael Smith acquired 356,900 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was purchased at an average price of GBX 319 ($4.28) per share, with a total value of £1,138,511 ($1,527,792.54). Company insiders own 53.40% of the company's stock.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hongkong Land, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hongkong Land wasn't on the list.
While Hongkong Land currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
