Hongkong Land (LON:HKLD) Stock Price Down 3.9% – Here’s What Happened

Hongkong Land Holdings Limited (LON:HKLD) was down 3.9% on Tuesday . The company traded as low as GBX 7.12 and last traded at GBX 7.12. Approximately 7,500 shares traded hands during trading, an increase of 81% from the average daily volume of 4,150 shares. The stock had previously closed at GBX 7.41.

Hongkong Land Stock Down 3.9%

The stock has a market capitalization of £153.71 million, a price-to-earnings ratio of -0.48, a P/E/G ratio of 2.50 and a beta of 0.52. The business has a 50-day moving average of GBX 6.54 and a 200-day moving average of GBX 6.30. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.65 and a current ratio of 1.70.

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.