HomeFed Co. (OTCMKTS:HOFD – Get Free Report)’s stock price passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $38.39 and traded as low as $37.9650. HomeFed shares last traded at $38.39, with a volume of 53,600 shares trading hands.
HomeFed Trading Up 2.1%
The company’s 50 day simple moving average is $38.39 and its two-hundred day simple moving average is $38.39. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.31 and a current ratio of 2.31.
About HomeFed
HomeFed Corporation is a real estate development company focused on creating residential, commercial and mixed-use communities in select markets across the United States. Its activities generally include land acquisition, entitlement, infrastructure development and the planning and construction of master-planned communities and related commercial properties.
The company has historically developed and managed projects in locations including California, Delaware, Maryland, New York and Virginia.
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