HelloFresh (ETR:HFG) Shares Down 6.8% – Time to Sell?

HelloFresh SE (ETR:HFGGet Free Report)’s share price traded down 6.8% during trading on Tuesday . The company traded as low as €5.52 and last traded at €5.52. 1,999,248 shares were traded during mid-day trading, an increase of 5,827% from the average session volume of 33,734 shares. The stock had previously closed at €5.92.

HelloFresh Stock Down 6.8%

The firm has a 50-day moving average of €5.97 and a two-hundred day moving average of €7.32. The firm has a market cap of $973.72 million, a price-to-earnings ratio of -7.99, a PEG ratio of 1.37 and a beta of 0.03. The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 5.53.

About HelloFresh

(Get Free Report)

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom. The company operates under the HelloFresh brand; and owns the Chefs Plate, Good Chop, The Pets Table, EveryPlate, Factor, Green Chef, and YouFoodz brand names.

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