Hongkong Land (LON:HKLD) Stock Price Down 25.2% - Time to Sell?

Hongkong Land Holdings Limited (LON:HKLD - Get Free Report)'s share price fell 25.2% during trading on Wednesday . The company traded as low as GBX 5.54 ($0.07) and last traded at GBX 5.54 ($0.07). 500 shares changed hands during trading, a decline of 95% from the average session volume of 10,225 shares. The stock had previously closed at GBX 7.41 ($0.10).

Hongkong Land Price Performance

The stock has a fifty day moving average price of GBX 6.06. 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 has a market cap of £122.43 million, a price-to-earnings ratio of -21.31, a P/E/G ratio of 2.50 and a beta of 0.52.

Insider Buying and Selling at Hongkong Land

In related news, insider Michael Smith acquired 356,900 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired at an average cost of GBX 319 ($4.28) per share, for a total transaction of £1,138,511 ($1,528,407.84). Also, insider Craig Beattie purchased 17,600 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was bought at an average cost of GBX 489 ($6.56) per share, with a total value of £86,064 ($115,537.66). Corporate insiders own 53.40% of the company's stock.

Hongkong Land Company Profile

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.