Hilton Food Group (LON:HFG) Shares Cross Above 200-Day Moving Average of $902.88

Hilton Food Group plc (LON:HFG - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 902.88 ($12.08) and traded as high as GBX 909 ($12.16). Hilton Food Group shares last traded at GBX 898 ($12.01), with a volume of 160,649 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HFG. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,105 ($14.78) price objective on shares of Hilton Food Group in a report on Thursday, September 5th. Royal Bank of Canada raised their target price on shares of Hilton Food Group from GBX 1,000 ($13.38) to GBX 1,050 ($14.04) and gave the stock a "sector perform" rating in a report on Thursday, September 5th. Finally, Shore Capital reiterated a "house stock" rating on shares of Hilton Food Group in a research report on Wednesday, September 4th.

Hilton Food Group Stock Performance

The stock has a market cap of £809.09 million, a P/E ratio of 1,768.63, a PEG ratio of 17.31 and a beta of 0.57. The company has a fifty day moving average of GBX 922.92 and a 200 day moving average of GBX 903.31. The company has a debt-to-equity ratio of 143.75, a current ratio of 1.11 and a quick ratio of 0.88.

Hilton Food Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 9.60 ($0.13) per share. This represents a yield of 0.99%. The ex-dividend date is Thursday, October 31st. Hilton Food Group's payout ratio is 6,470.59%.

About Hilton Food Group

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.