Hill & Smith (LON:HILS) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of Hill & Smith PLC (LON:HILS) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,005.74 and traded as high as GBX 2,230. Hill & Smith shares last traded at GBX 2,215, with a volume of 102,923 shares trading hands.

Analyst Ratings Changes

HILS has been the topic of a number of analyst reports. Shore Capital reissued a “hold” rating on shares of Hill & Smith in a research report on Wednesday, November 19th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,530 target price on shares of Hill & Smith in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft raised their price target 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. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 2,650 price objective on shares of Hill & Smith in a research note on Monday, September 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,601.67.

Hill & Smith Stock Performance

The firm has a market capitalization of £1.77 billion, a P/E ratio of 22.28 and a beta of 1.31. The company has a 50-day moving average of GBX 2,122.84 and a 200-day moving average of GBX 2,005.74. The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30.

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.