Hammerson (LON:HMSO) Shares Cross Above 200 Day Moving Average – Time to Sell?

Hammerson Plc (LON:HMSO) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 84.74 ($1.10) and traded as high as GBX 292.80 ($3.81). Hammerson shares last traded at GBX 288.80 ($3.76), with a volume of 604,293 shares changing hands.

Hammerson Trading Down 0.8 %

The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77. The company has a market capitalization of £1.44 billion, a P/E ratio of -3,610.00, a P/E/G ratio of 1.68 and a beta of 2.30. The firm’s 50-day moving average price is GBX 190.87 and its 200 day moving average price is GBX 85.14.

Insider Buying and Selling at Hammerson

In other news, insider Rita-Rose Gagné sold 666,311 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of GBX 29 ($0.38), for a total value of £193,230.19 ($251,536.31). In other news, insider Himanshu Raja sold 218,876 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of GBX 27 ($0.35), for a total value of £59,096.52 ($76,928.56). Also, insider Rita-Rose Gagné sold 666,311 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of GBX 29 ($0.38), for a total transaction of £193,230.19 ($251,536.31). Company insiders own 77.21% of the company’s stock.

About Hammerson

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.