Hammerson (LON:HMSO) Shares Up 0.7% – Still a Buy?

Shares of Hammerson Plc (LON:HMSO) shot up 0.7% on Thursday . The company traded as high as GBX 284.22 ($3.60) and last traded at GBX 283.80 ($3.60). 1,420,481 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 1,415,932 shares. The stock had previously closed at GBX 281.80 ($3.57).

Hammerson Stock Performance

The stock has a market capitalization of £1.41 billion, a P/E ratio of -3,547.50, a P/E/G ratio of 1.68 and a beta of 2.30. The stock has a 50 day simple moving average of GBX 296.58 and a two-hundred day simple moving average of GBX 128.47. The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77.

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.