HF Foods Group (NASDAQ:HFFG) Posts Earnings Results, Beats Estimates By $0.02 EPS

HF Foods Group (NASDAQ:HFFG) released its quarterly earnings results on Thursday. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02, Zacks reports. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%.

HF Foods Group Trading Down 2.3 %

Shares of HFFG stock traded down $0.04 during trading hours on Thursday, reaching $1.70. 73,203 shares of the stock were exchanged, compared to its average volume of 58,426. HF Foods Group has a 12-month low of $1.70 and a 12-month high of $4.13. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The company’s 50-day moving average price is $2.52 and its 200-day moving average price is $3.13. The firm has a market capitalization of $89.64 million, a price-to-earnings ratio of -56.67 and a beta of 1.61.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.