Hill & Smith (LON:HILS) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Hill & Smith PLC (LON:HILS) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,903.69 ($25.42) and traded as high as GBX 2,125 ($28.38). Hill & Smith shares last traded at GBX 2,090 ($27.91), with a volume of 72,257 shares.

Analysts Set New Price Targets

Several research firms recently weighed in on HILS. Deutsche Bank Aktiengesellschaft increased their target price on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,650 target price on shares of Hill & Smith in a research report on Monday, September 8th. Finally, Shore Capital restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 2,637.50.

Hill & Smith Stock Down 0.5%

The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92. The firm has a 50-day simple moving average of GBX 2,091.69 and a 200 day simple moving average of GBX 1,903.69. The company has a market capitalization of £1.67 billion, a PE ratio of 2,102.62 and a beta of 1.31.

Hill & Smith (LON:HILS) last issued its quarterly earnings data on Wednesday, August 13th. The company reported GBX 63.90 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. On average, research analysts predict that Hill & Smith PLC will post 129.1287386 EPS for the current fiscal year.

Hill & Smith Company Profile

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.