Hill & Smith (LON:HILS) Stock Passes Above 200 Day Moving Average – Time to Sell?

Hill & Smith PLC (LON:HILS) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,591.16 and traded as high as GBX 2,925. Hill & Smith shares last traded at GBX 2,885, with a volume of 102,631 shares trading hands.

Wall Street Analysts Forecast Growth

HILS has been the subject of several research reports. Berenberg Bank increased their price target on Hill & Smith from GBX 2,950 to GBX 3,180 and gave the stock a “buy” rating in a research note on Monday, August 17th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,320 price objective on shares of Hill & Smith in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Hill & Smith presently has an average rating of “Moderate Buy” and an average price target of GBX 3,241.67.

Hill & Smith Price Performance

The business’s fifty day simple moving average is GBX 2,914.45 and its 200-day simple moving average is GBX 2,595.81. The company has a current ratio of 2.04, a quick ratio of 0.92 and a debt-to-equity ratio of 41.04. The firm has a market cap of £2.29 billion, a P/E ratio of 28.89 and a beta of 1.28.

Insider Buying and Selling at Hill & Smith

In related news, insider Nick Anderson bought 4,120 shares of Hill & Smith stock in a transaction on Friday, August 14th. The stock was acquired at an average price of GBX 2,922 per share, with a total value of £120,386.40. Also, insider Anthony (Tony) James Quinlan acquired 1,352 shares of Hill & Smith stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of GBX 2,943 per share, with a total value of £39,789.36. Over the last quarter, insiders bought 9,222 shares of company stock valued at $26,318,826. 2.01% of the stock is owned by company insiders.

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.