Hilton Food Group (LON:HFG) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFGGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 517.30 and traded as high as GBX 551.50. Hilton Food Group shares last traded at GBX 548.50, with a volume of 151,903 shares.

Analyst Upgrades and Downgrades

HFG has been the topic of several recent research reports. Shore Capital Group reissued a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 815 target price on shares of Hilton Food Group in a report on Wednesday, May 20th. Finally, Berenberg Bank increased their target price on Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 703.75.

View Our Latest Stock Report on Hilton Food Group

Hilton Food Group Stock Up 0.3%

The company has a debt-to-equity ratio of 129.90, a quick ratio of 0.88 and a current ratio of 1.10. The stock’s fifty day simple moving average is GBX 527.38 and its two-hundred day simple moving average is GBX 517.30. The stock has a market capitalization of £493.41 million, a P/E ratio of 6.28, a price-to-earnings-growth ratio of 17.31 and a beta of 0.73.

About Hilton Food Group

(Get Free Report)

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.

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