HelloFresh (ETR:HFG) Shares Down 2% – What’s Next?

HelloFresh SE (ETR:HFG)’s share price traded down 2% on Wednesday . The company traded as low as €5.00 and last traded at €5.00. 652,892 shares were traded during trading, an increase of 1,835% from the average session volume of 33,734 shares. The stock had previously closed at €5.10.

HelloFresh Price Performance

The stock has a market capitalization of $881.49 million, a P/E ratio of -7.24, a PEG ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.61 and a current ratio of 0.72. The firm has a fifty day moving average price of €5.72 and a two-hundred day moving average price of €6.70.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom. The company operates under the HelloFresh brand; and owns the Chefs Plate, Good Chop, The Pets Table, EveryPlate, Factor, Green Chef, and YouFoodz brand names.