Hill & Smith (LON:HILS) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Hill & Smith PLC (LON:HILS)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,139.13 and traded as high as GBX 2,255. Hill & Smith shares last traded at GBX 2,230, with a volume of 140,768 shares trading hands.

Analysts Set New Price Targets

A number of research firms have recently commented on HILS. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,530 price objective on shares of Hill & Smith in a research note on Thursday, November 20th. Shore Capital restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,601.67.

Hill & Smith Stock Up 0.2%

The company has a market cap of £1.78 billion, a price-to-earnings ratio of 22.43 and a beta of 1.31. 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 business has a 50-day simple moving average of GBX 2,226.98 and a two-hundred day simple moving average of GBX 2,140.64.

Hill & Smith Company Profile

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.