Hill & Smith (LON:HILS) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Hill & Smith PLC (LON:HILS)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,042.62 ($25.89) and traded as high as GBX 2,157.09 ($27.34). Hill & Smith shares last traded at GBX 2,110 ($26.75), with a volume of 118,363 shares trading hands.

Analyst Ratings Changes

A number of brokerages have issued reports on HILS. Shore Capital reaffirmed a “buy” rating on shares of Hill & Smith in a research note on Thursday, September 19th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,350 ($29.79) target price on shares of Hill & Smith in a research note on Thursday, August 8th.

Hill & Smith Price Performance

The stock has a market capitalization of £1.69 billion, a price-to-earnings ratio of 2,244.68 and a beta of 1.31. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.19 and a quick ratio of 0.92. The business has a fifty day moving average of GBX 2,040.09 and a 200 day moving average of GBX 2,042.62.

Insider Activity

In related news, insider Rutger Helbing bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The stock was purchased at an average price of GBX 2,039 ($25.85) per share, for a total transaction of £203,900 ($258,461.15). Corporate insiders own 1.88% of the company’s stock.

About Hill & Smith

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 three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. 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 offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.