Hill & Smith (LON:HILS) Reaches New 12-Month High – Here’s What Happened

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 2,380 and last traded at GBX 2,377.48, with a volume of 39889 shares changing hands. The stock had previously closed at GBX 2,355.

Wall Street Analyst Weigh In

HILS has been the subject of several research reports. Shore Capital Group restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,530 target price on shares of Hill & Smith in a research note on Thursday, November 20th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Hill & Smith presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,601.67.

Hill & Smith Stock Up 1.0%

The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30. The business’s fifty day moving average price is GBX 2,242.45 and its two-hundred day moving average price is GBX 2,167.15. The firm has a market cap of £1.88 billion, a P/E ratio of 23.92 and a beta of 1.31.

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.