Hongkong Land (LON:HKLD) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Hongkong Land Holdings Limited (LON:HKLD – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 8.04 and traded as high as GBX 8.47. Hongkong Land shares last traded at GBX 8.47, with a volume of 557,000 shares traded.

Hongkong Land Price Performance

The stock has a market capitalization of £177.05 million, a PE ratio of 0.08, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 20.55. The stock’s 50 day moving average price is GBX 8.34 and its 200-day moving average price is GBX 8.04.

About Hongkong Land

(Get Free Report)

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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