HF Foods Group (NASDAQ:HFFG) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS

HF Foods Group (NASDAQ:HFFG) announced its quarterly earnings results on Thursday. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02, Zacks reports. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%.

HF Foods Group Stock Down 2.3 %

Shares of NASDAQ:HFFG traded down $0.04 during midday trading on Thursday, hitting $1.70. 73,201 shares of the company’s stock traded hands, compared to its average volume of 58,426. The firm’s fifty day moving average price is $2.52 and its two-hundred day moving average price is $3.13. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. HF Foods Group has a twelve month low of $1.70 and a twelve month high of $4.13. The company has a market cap of $89.64 million, a PE ratio of -56.67 and a beta of 1.61.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.