HomeFed Co. (OTCMKTS:HOFD – Get Free Report) traded up 2.1% on Monday. The company traded as high as $38.55 and last traded at $38.39. 53,600 shares changed hands during mid-day trading, an increase of 681% from the average daily volume of 6,864 shares. The stock had previously closed at $37.60.
HomeFed Trading Up 2.1%
The firm has a 50-day moving average of $38.39 and a 200-day moving average of $38.39. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.31 and a quick ratio of 2.31.
About HomeFed
HomeFed Corporation is a real estate development company engaged in the acquisition, entitlement, development and sale of residential and mixed-use properties. Its activities generally include master-planned community development, land-use planning, infrastructure construction and the creation of neighborhoods that may include housing, commercial space, parks and other community amenities.
The company has historically focused on large-scale real estate projects in the United States, including developments in California and the eastern United States.
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