HelloFresh (ETR:HFG) Stock Price Down 18.4% – Here’s Why

HelloFresh SE (ETR:HFGGet Free Report)’s share price dropped 18.4% during mid-day trading on Wednesday . The company traded as low as €8.20 ($8.91) and last traded at €8.20 ($8.91). Approximately 4,525,182 shares traded hands during trading, an increase of 13,314% from the average daily volume of 33,734 shares. The stock had previously closed at €10.06 ($10.93).

HelloFresh Price Performance

The company’s 50-day simple moving average is €11.92 and its 200 day simple moving average is €10.62. The company has a market cap of $1.45 billion, a PE ratio of -11.87, a PEG ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.61 and a current ratio of 0.72.

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.

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