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

Hammerson Plc (LON:HMSO) 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 changing hands.

Hammerson Stock Down 4.0 %

The stock has a market cap of £1.33 billion, a PE ratio of -2,730.00, a P/E/G ratio of 1.68 and a beta of 2.28. The business has a 50 day moving average of GBX 26.63 and a 200-day moving average of GBX 26.36. The company has a current ratio of 2.30, a quick ratio of 1.28 and a debt-to-equity ratio of 68.44.

Hammerson Increases Dividend

The company 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. 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 payout ratio 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.