Hongkong Land Holdings Limited (LON:HKLD – Get Free Report)’s stock price shot up 7% on Wednesday . The company traded as high as GBX 7.93 and last traded at GBX 7.93. 39,900 shares were traded during trading, an increase of 364% from the average session volume of 8,594 shares. The stock had previously closed at GBX 7.41.
Hongkong Land Stock Up 7.0%
The company has a market capitalization of £170.37 million, a price-to-earnings ratio of 0.14, a PEG ratio of 2.50 and a beta of 0.52. The stock’s fifty day simple moving average is GBX 8.02 and its two-hundred day simple moving average is GBX 7.61. 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
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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