Hilton Food Group (LON:HFG) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Hilton Food Group plc (LON:HFG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 911.24 ($11.45) and traded as high as GBX 950 ($11.94). Hilton Food Group shares last traded at GBX 921.40 ($11.58), with a volume of 154,815 shares.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Shore Capital reissued a "house stock" rating on shares of Hilton Food Group in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 1,105 ($13.89) price target on shares of Hilton Food Group in a research note on Thursday, September 5th. Finally, Royal Bank of Canada lifted their price objective on Hilton Food Group from GBX 1,000 ($12.57) to GBX 1,050 ($13.20) and gave the company a "sector perform" rating in a research report on Thursday, September 5th.

Hilton Food Group Trading Down 0.9 %

The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 143.75. The business has a 50 day simple moving average of GBX 913.37 and a two-hundred day simple moving average of GBX 911.24. The stock has a market cap of £821.65 million, a price-to-earnings ratio of 1,796.08, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57.

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. It offers beef, pork, lamb, poultry, seafood, and vegan and vegetarian food, such as steak, roast, diced, mince, meatloaf, sausages, burgers, meatballs ribs, chops, bacon, gammon, schnitzel, pulled belly, rib rack, smoked loin, shanks, carcass, chicken kabab, chicken drumsticks, chicken tight, chicken wings, half chicken, duck leg, duck half, coated, salmon, white fish, shellfish, fish cakes, smoked salmon, strips, nuggets, pulled, and balls.