Hammerson (LON:HMSO) Posts Earnings Results

Hammerson (LON:HMSO) issued its earnings results on Wednesday. The real estate investment trust reported GBX 19.90 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%.

Hammerson Stock Down 0.6 %

HMSO stock traded down GBX 1.60 ($0.02) during midday trading on Friday, reaching GBX 272.40 ($3.43). 125,122,844 shares of the company were exchanged, compared to its average volume of 4,702,382. The company has a market cap of £1.33 billion, a price-to-earnings ratio of -49.69, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. Hammerson has a 1-year low of GBX 246.20 ($3.10) and a 1-year high of GBX 325 ($4.10). The stock’s 50-day simple moving average is GBX 281.41 and its 200 day simple moving average is GBX 225.85.

About Hammerson

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.