Hilton Food Group plc (LON:HFG) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,108.19 ($14.48) and traded as high as GBX 1,257.44 ($16.43). Hilton Food Group shares last traded at GBX 1,232 ($16.10), with a volume of 53,267 shares trading hands.
Separately, Royal Bank of Canada upgraded Hilton Food Group to an “outperform” rating and raised their price objective for the company from GBX 1,200 ($15.68) to GBX 1,500 ($19.60) in a research note on Thursday, April 8th.
The company has a market capitalization of £1.01 billion and a P/E ratio of 25.72. The company has a debt-to-equity ratio of 221.34, a quick ratio of 0.82 and a current ratio of 1.15. The stock has a 50 day moving average price of GBX 1,150.60 and a 200 day moving average price of GBX 1,108.19.
The company also recently disclosed a dividend, which will be paid on Friday, July 2nd. Investors of record on Thursday, June 3rd will be paid a GBX 19 ($0.25) dividend. This is a boost from Hilton Food Group’s previous dividend of $7.00. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, June 3rd. Hilton Food Group’s payout ratio is currently 0.47%.
Hilton Food Group Company Profile (LON:HFG)
Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.
Read More: What causes a recession?
Receive News & Ratings for Hilton Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Food Group and related companies with MarketBeat.com's FREE daily email newsletter.