Hilton Food Group (LON:HFG) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Shares of Hilton Food Group plc (LON:HFG) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 866.56 ($11.77) and traded as high as GBX 877 ($11.92). Hilton Food Group shares last traded at GBX 864 ($11.74), with a volume of 65,061 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HFG shares. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, July 15th. Berenberg Bank raised their target price on Hilton Food Group from GBX 1,090 ($14.81) to GBX 1,120 ($15.22) and gave the stock a “buy” rating in a research note on Wednesday, April 9th.

Hilton Food Group Price Performance

The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 148.82. The stock has a market capitalization of £769.87 million, a price-to-earnings ratio of 16.55, a PEG ratio of 17.31 and a beta of 0.57. The stock has a 50-day moving average price of GBX 865.59 and a 200 day moving average price of GBX 866.56.

About Hilton Food Group

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.