Hill & Smith (LON:HILS) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Hill & Smith PLC (LON:HILSGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,642.64 and traded as high as GBX 2,900. Hill & Smith shares last traded at GBX 2,870.90, with a volume of 117,440 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HILS shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Hill & Smith from GBX 2,975 to GBX 3,225 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Berenberg Bank raised their target price on shares of Hill & Smith from GBX 2,950 to GBX 3,180 and gave the stock a “buy” rating in a research report on Monday, August 17th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,320 price objective on shares of Hill & Smith in a research report on Wednesday, August 12th. Three 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, Hill & Smith has an average rating of “Moderate Buy” and a consensus price target of GBX 3,241.67.

Check Out Our Latest Stock Analysis on HILS

Hill & Smith Stock Performance

The stock’s fifty day simple moving average is GBX 2,942.32 and its two-hundred day simple moving average is GBX 2,645.57. The company has a debt-to-equity ratio of 41.04, a quick ratio of 0.92 and a current ratio of 2.04. The company has a market cap of £2.22 billion, a price-to-earnings ratio of 23.50 and a beta of 1.29.

Insider Buying and Selling

In related news, insider Nick Anderson acquired 4,120 shares of the stock in a transaction dated Friday, August 14th. The shares were acquired at an average price of GBX 2,922 per share, with a total value of £120,386.40. Also, insider Anthony (Tony) James Quinlan purchased 1,352 shares of the stock in a transaction on Thursday, August 13th. The stock was bought at an average price of GBX 2,943 per share, for a total transaction of £39,789.36. Insiders own 1.99% of the company’s stock.

About Hill & Smith

(Get Free Report)

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.

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