Hongkong Land Holdings Limited (LON:HKLD – Get Free Report) shares shot up 16.6% during trading on Thursday. The company traded as high as GBX 8.64 and last traded at GBX 8.64. 303,900 shares changed hands during trading, an increase of 1,721% from the average session volume of 16,685 shares. The stock had previously closed at GBX 7.41.
Hongkong Land Stock Performance
The firm has a market capitalization of £184.75 million, a PE ratio of 0.08, a PEG 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 company has a 50-day moving average of GBX 8.20 and a 200 day moving average of GBX 7.89.
Hongkong Land Company Profile
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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