Hill & Smith (LON:HILS) Hits New 1-Year High – Here’s Why

Hill & Smith PLC (LON:HILS)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 2,320 and last traded at GBX 2,305, with a volume of 363568 shares trading hands. The stock had previously closed at GBX 2,285.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 2,530 price target on shares of Hill & Smith in a report on Thursday, November 20th. Shore Capital reiterated a “hold” rating on shares of Hill & Smith in a research note on Wednesday, November 19th. Three research 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, Hill & Smith has a consensus rating of “Moderate Buy” and an average target price of GBX 2,601.67.

Hill & Smith Stock Performance

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 firm has a 50-day moving average of GBX 2,201.03 and a 200 day moving average of GBX 2,109.68. The stock has a market capitalization of £1.85 billion, a P/E ratio of 23.44 and a beta of 1.31.

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.