HelloFresh (ETR:HFG) Stock Price Down 0.8% – What’s Next?

Shares of HelloFresh SE (ETR:HFG) fell 0.8% during mid-day trading on Wednesday . The company traded as low as €4.39 and last traded at €4.47. 190,241 shares changed hands during trading, an increase of 464% from the average session volume of 33,734 shares. The stock had previously closed at €4.50.

HelloFresh Stock Performance

The stock’s 50-day moving average is €4.36 and its 200-day moving average is €5.46. The firm has a market capitalization of $815.02 million, a price-to-earnings ratio of -6.69, a PEG ratio of 1.37 and a beta of 0.16. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 105.32.

HelloFresh Company Profile

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.