HelloFresh (ETR:HFG) Shares Down 2.4% - Time to Sell?

Shares of HelloFresh SE (ETR:HFG - Get Free Report) were down 2.4% during mid-day trading on Tuesday . The company traded as low as €12.27 ($12.65) and last traded at €12.35 ($12.73). Approximately 813,290 shares were traded during mid-day trading, an increase of 2,311% from the average daily volume of 33,734 shares. The stock had previously closed at €12.66 ($13.05).

HelloFresh Price Performance

The firm has a 50-day moving average price of €10.70 and a 200 day moving average price of €7.92. The stock has a market capitalization of $2.10 billion, a P/E ratio of -20.80, a price-to-earnings-growth ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 71.46, a quick ratio of 0.61 and a current ratio of 0.71.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.