Hammerson (LON:HMSO) Stock Crosses Above 200-Day Moving Average of $26.62

Hammerson Plc (LON:HMSO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 26.62 ($0.33) and traded as high as GBX 28.88 ($0.36). Hammerson shares last traded at GBX 28.88 ($0.36), with a volume of 3,086,281 shares.

Hammerson Trading Down 0.1 %

The company has a debt-to-equity ratio of 68.44, a current ratio of 2.30 and a quick ratio of 1.28. The company has a market capitalization of £1.44 billion, a P/E ratio of -2,892.00, a price-to-earnings-growth ratio of 1.68 and a beta of 2.31. The firm has a fifty day moving average price of GBX 27.06 and a 200-day moving average price of GBX 26.62.

Hammerson Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 4th will be paid a GBX 0.78 ($0.01) dividend. This represents a yield of 3.15%. The ex-dividend date is Thursday, April 4th. This is an increase from Hammerson’s previous dividend of $0.72. Hammerson’s dividend payout ratio is -20,000.00%.

Hammerson Company Profile

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.