Hongkong Land (LON:HKLD) Trading Up 12.3% – Should You Buy?

Hongkong Land Holdings Limited (LON:HKLDGet Free Report)’s share price was up 12.3% during mid-day trading on Thursday . The company traded as high as GBX 8.32 and last traded at GBX 8.32. Approximately 4,500 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 16,685 shares. The stock had previously closed at GBX 7.41.

Hongkong Land Price Performance

The company has a market cap of £177.90 million, a PE ratio of 0.08, a PEG ratio of 2.50 and a beta of 0.52. The stock’s 50-day moving average is GBX 7.50 and its 200 day moving average is GBX 7.91. The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65.

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. The company also develops and sells residential properties.

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