Hill & Smith (LON:HILS) Stock Crosses Above 200-Day Moving Average of $1,822.54

Hill & Smith PLC (LON:HILS)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,822.54 ($22.69) and traded as high as GBX 1,914 ($23.83). Hill & Smith shares last traded at GBX 1,866 ($23.23), with a volume of 56,558 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,100 ($26.14) price objective on shares of Hill & Smith in a research note on Tuesday, March 12th.

Hill & Smith Price Performance

The stock has a market cap of £1.50 billion, a P/E ratio of 2,195.29 and a beta of 1.25. The company has a quick ratio of 0.92, a current ratio of 2.02 and a debt-to-equity ratio of 33.64. The firm’s fifty day moving average price is GBX 1,883.24 and its 200-day moving average price is GBX 1,822.54.

Hill & Smith Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 30th will be issued a GBX 28 ($0.35) dividend. The ex-dividend date is Thursday, May 30th. This is a positive change from Hill & Smith’s previous dividend of $15.00. This represents a yield of 1.51%. Hill & Smith’s dividend payout ratio (DPR) is 5,058.82%.

Insider Transactions at Hill & Smith

In related news, insider Alan Giddins bought 3,900 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were purchased at an average cost of GBX 1,894 ($23.58) per share, with a total value of £73,866 ($91,953.19). Insiders own 1.97% of the company’s stock.

Hill & Smith Company Profile

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through Roads & Security; Utilities; and Galvanizing Services segments. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offres security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.