HelloFresh (ETR:HFG) Stock Price Down 2.4% – Here’s What Happened

Shares of HelloFresh SE (ETR:HFG) were down 2.4% during mid-day trading on Wednesday . The company traded as low as €4.73 and last traded at €4.80. Approximately 1,056,229 shares traded hands during trading, an increase of 3,031% from the average daily volume of 33,734 shares. The stock had previously closed at €4.92.

HelloFresh Stock Down 2.4%

The firm’s 50-day simple moving average is €5.44 and its two-hundred day simple moving average is €6.31. The company has a market capitalization of $846.40 million, a price-to-earnings ratio of -6.95, a price-to-earnings-growth ratio of 1.37 and a beta of 0.16. The company has a debt-to-equity ratio of 27.98, a current ratio of 0.79 and a quick ratio of 0.61.

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.