HelloFresh (ETR:HFG) Trading 2% Higher – Should You Buy?

HelloFresh SE (ETR:HFG) shares were up 2% on Wednesday . The stock traded as high as €3.50 and last traded at €3.48. Approximately 1,917,073 shares were traded during trading, an increase of 5,583% from the average daily volume of 33,734 shares. The stock had previously closed at €3.41.

HelloFresh Stock Up 2.0%

The stock’s fifty day moving average price is €3.97 and its 200-day moving average price is €4.48. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 28.80. The company has a market capitalization of $614.17 million, a price-to-earnings ratio of -5.04, a P/E/G ratio of 1.37 and a beta of 0.39.

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.