Hammerson (LON:HMSO) Stock Price Passes Above Two Hundred Day Moving Average of $26.43

Hammerson Plc (LON:HMSO)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 26.43 ($0.33) and traded as high as GBX 27.60 ($0.35). Hammerson shares last traded at GBX 27.24 ($0.34), with a volume of 4,600,043 shares changing hands.

Hammerson Stock Down 1.1 %

The stock has a market cap of £1.36 billion, a price-to-earnings ratio of -2,724.00, a PEG ratio of 1.68 and a beta of 2.28. The company has a quick ratio of 1.28, a current ratio of 2.30 and a debt-to-equity ratio of 68.44. The stock has a fifty day moving average of GBX 26.74 and a two-hundred day moving average of GBX 26.45.

Hammerson Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, April 4th will be issued a GBX 0.78 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 3.15%. This is a boost from Hammerson’s previous dividend of $0.72. Hammerson’s dividend payout ratio (DPR) is presently -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.