Hongkong Land (LON:HKLD) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

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 changing hands.

Hongkong Land Price Performance

The company has a current ratio of 1.70, a quick ratio of 0.65 and a debt-to-equity ratio of 20.55. The company 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 stock’s 50-day moving average is GBX 8.34 and its two-hundred day moving average is GBX 8.04.

Hongkong Land Company Profile

(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.

See Also

Receive News & Ratings for Hongkong Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hongkong Land and related companies with MarketBeat.com's FREE daily email newsletter.