Hilton Food Group (LON:HFG) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Hilton Food Group plc (LON:HFGGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 519.31 and traded as high as GBX 555. Hilton Food Group shares last traded at GBX 551, with a volume of 89,759 shares changing hands.

Wall Street Analyst Weigh In

HFG has been the topic of several recent analyst reports. Shore Capital Group reiterated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 815 price objective on shares of Hilton Food Group in a research report on Wednesday, May 20th. Finally, Berenberg Bank raised their price objective on Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 703.75.

Check Out Our Latest Stock Report on Hilton Food Group

Hilton Food Group Stock Performance

The firm has a market capitalization of £508.25 million, a price-to-earnings ratio of 6.47, a PEG ratio of 17.31 and a beta of 0.73. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 129.90. The stock’s 50-day moving average is GBX 529.04 and its 200-day moving average is GBX 519.82.

Hilton Food Group Company Profile

(Get Free Report)

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. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.

Further Reading

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