Hammerson (LON:HMSO) Shares Pass Above 200 Day Moving Average of $26.34

Hammerson Plc (LON:HMSO)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 26.34 ($0.33) and traded as high as GBX 27.30 ($0.34). Hammerson shares last traded at GBX 27.24 ($0.34), with a volume of 4,152,615 shares.

Hammerson Stock Performance

The stock has a fifty day moving average of GBX 26.58 and a 200 day moving average of GBX 26.34. The company has a market capitalization of £1.36 billion, a P/E ratio of -2,724.00, a PEG ratio of 1.68 and a beta of 2.28. The company has a debt-to-equity ratio of 68.44, a quick ratio of 1.28 and a current ratio of 2.30.

Hammerson Increases Dividend

The business 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. This is a boost from Hammerson’s previous dividend of $0.72. This represents a yield of 3.15%. The ex-dividend date is Thursday, April 4th. Hammerson’s dividend payout ratio (DPR) is currently -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.