Hongkong Land (LON:HKLD) Stock Price Down 11.3% – Here’s Why

Hongkong Land Holdings Limited (LON:HKLD – Get Free Report)’s stock price was down 11.3% on Monday . The stock traded as low as GBX 6.57 and last traded at GBX 6.57. Approximately 2,200 shares were traded during trading, a decline of 78% from the average daily volume of 10,225 shares. The stock had previously closed at GBX 7.41.

Hongkong Land Trading Down 5.1%

The firm has a market capitalization of £152.07 million, a P/E ratio of -0.47, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. The stock’s 50-day simple moving average is GBX 6.35 and its two-hundred day simple moving average is GBX 6.14. The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65.

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.

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