HomeFed (OTCMKTS:HOFD) Stock Price Up 2.1% – Should You Buy?

HomeFed Co. (OTCMKTS:HOFDGet Free Report) shares shot up 2.1% during trading on Thursday . The stock traded as high as $38.55 and last traded at $38.39. 53,600 shares were traded during mid-day trading, an increase of 681% from the average session volume of 6,864 shares. The stock had previously closed at $37.60.

HomeFed Price Performance

The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.23. The business has a fifty day moving average price of $38.39 and a 200 day moving average price of $38.39.

About HomeFed

(Get Free Report)

HomeFed Corporation, together with its subsidiaries, invests in and develops residential and commercial real estate properties in California, Virginia, South Carolina, Florida, Maine, and New York. The company develops residential and commercial land development projects and other unimproved land, as well as projects in various stages of development, and retail and office operating properties.

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