Hill & Smith (LON:HILS) Hits New 1-Year High – Here’s What Happened

Hill & Smith PLC (LON:HILS)’s share price hit a new 52-week high on Wednesday . The company traded as high as GBX 3,035 and last traded at GBX 3,030, with a volume of 127667 shares. The stock had previously closed at GBX 3,015.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and upped their price objective for the stock from GBX 2,760 to GBX 3,250 in a research note on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Hill & Smith Trading Up 0.5%

The company has a current ratio of 1.85, a quick ratio of 0.92 and a debt-to-equity ratio of 25.52. The stock has a market capitalization of £2.37 billion, a price-to-earnings ratio of 29.82 and a beta of 1.29. The firm has a 50-day moving average of GBX 2,790.11 and a 200 day moving average of GBX 2,472.04.

Insider Transactions at Hill & Smith

In related news, insider Nick Anderson purchased 3,750 shares of Hill & Smith stock in a transaction dated Thursday, June 4th. The stock was bought at an average cost of GBX 2,747 per share, with a total value of £103,012.50. Also, insider Chris McLeish sold 2,682 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total transaction of £74,023.20. 1.99% of the stock is currently owned by insiders.

About Hill & Smith

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.