Hilton Food Group (LON:HFG) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Hilton Food Group plc (LON:HFG)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 513.19 and traded as high as GBX 556.50. Hilton Food Group shares last traded at GBX 551.50, with a volume of 463,924 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HFG shares. Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, May 19th. Berenberg Bank upped their target price on shares of Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a research report on Wednesday, April 1st. Finally, 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. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Hilton Food Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 703.75.

Hilton Food Group Stock Down 1.5%

The firm has a market capitalization of £462.82 million, a price-to-earnings ratio of 5.89, a P/E/G ratio of 17.31 and a beta of 0.75. The business’s 50-day moving average is GBX 527.07 and its two-hundred day moving average is GBX 512.35. The company has a debt-to-equity ratio of 129.90, a quick ratio of 0.88 and a current ratio of 1.10.

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

Insider Buying and Selling at Hilton Food Group

In other news, insider Bindi Foyle  purchased 3,761 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were acquired at an average cost of GBX 529 per share, for a total transaction of £19,895.69. 4.37% of the stock is owned by corporate insiders.

Hilton Food Group Company Profile

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.