Hill & Smith (LON:HILS) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Hill & Smith PLC (LON:HILS)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,945.67 and traded as high as GBX 2,197.29. Hill & Smith shares last traded at GBX 2,190, with a volume of 889,803 shares traded.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price target on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Berenberg Bank reiterated a “buy” rating and set a GBX 2,650 price target on shares of Hill & Smith in a report on Monday, September 8th. Finally, Shore Capital reissued a “hold” rating on shares of Hill & Smith in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,637.50.

Hill & Smith Stock Up 0.9%

The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The stock has a 50-day simple moving average of GBX 2,109.92 and a 200-day simple moving average of GBX 1,945.67. The firm has a market capitalization of £1.76 billion, a PE ratio of 22.13 and a beta of 1.31.

Hill & Smith (LON:HILS) last released its earnings results on Wednesday, August 13th. The company reported GBX 63.90 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. Analysts forecast that Hill & Smith PLC will post 129.1287386 EPS for the current year.

About Hill & Smith

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.