Hilton Food Group (LON:HFG) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 513.33 and traded as high as GBX 543.50. Hilton Food Group shares last traded at GBX 531, with a volume of 340,442 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HFG shares. Berenberg Bank upped their target price on Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 815 target price on shares of Hilton Food Group in a research report on Wednesday, May 20th. Finally, Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 703.75.

Hilton Food Group Trading Down 1.2%

The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 129.90. The firm’s 50-day moving average price is GBX 531.50 and its 200 day moving average price is GBX 513.33. The company has a market capitalization of £477.67 million, a P/E ratio of 6.08, a P/E/G ratio of 17.31 and a beta of 0.74.

Hilton Food Group (LON:HFG) last issued its quarterly earnings results on Tuesday, March 31st. The company reported GBX 52.70 EPS for the quarter. Hilton Food Group had a return on equity of 14.17% and a net margin of 1.14%.The business had revenue of GBX 421.46 billion for the quarter. As a group, equities research analysts predict that Hilton Food Group plc will post 62.3340321 earnings per share for the current year.

Insider Transactions at Hilton Food Group

In other news, insider Bindi Foyle  purchased 3,761 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was purchased at an average price of GBX 529 per share, with a total value of £19,895.69. 4.33% of the stock is currently owned by company insiders.

About Hilton Food Group

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.