Hill & Smith (LON:HILS) Stock Passes Above 200-Day Moving Average – Should You Sell?

Hill & Smith PLC (LON:HILS)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,042.08 and traded as high as GBX 2,200. Hill & Smith shares last traded at GBX 2,175, with a volume of 164,250 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HILS. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,530 price target on shares of Hill & Smith in a report on Thursday, November 20th. Berenberg Bank reissued a “buy” rating and set a GBX 2,650 target price on shares of Hill & Smith in a research note on Monday, September 8th. Finally, Shore Capital restated a “hold” rating on shares of Hill & Smith in a research note on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,601.67.

Hill & Smith Stock Performance

The company has a market cap of £1.73 billion, a PE ratio of 21.88 and a beta of 1.31. The firm’s fifty day moving average is GBX 2,169.37 and its 200 day moving average is GBX 2,043.44. The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30.

About Hill & Smith

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.