Hill & Smith (LON:HILS) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Hill & Smith PLC (LON:HILS - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,022.81 ($26.26) and traded as high as GBX 2,060 ($26.75). Hill & Smith shares last traded at GBX 2,015 ($26.16), with a volume of 135,691 shares.

Analyst Ratings Changes

Several analysts have recently issued reports on HILS shares. Berenberg Bank reiterated a "buy" rating and issued a GBX 2,350 ($30.51) price objective on shares of Hill & Smith in a research note on Thursday, August 8th. Shore Capital reaffirmed a "buy" rating on shares of Hill & Smith in a research report on Thursday, September 19th.

Hill & Smith Stock Performance

The company has a quick ratio of 0.92, a current ratio of 2.19 and a debt-to-equity ratio of 34.30. The stock has a market capitalization of £1.64 billion, a PE ratio of 2,170.21 and a beta of 1.31. The business's 50-day moving average is GBX 2,044.99 and its two-hundred day moving average is GBX 2,022.81.

Hill & Smith Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, January 7th. Investors of record on Thursday, November 28th will be paid a dividend of GBX 16.50 ($0.21) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.77%. Hill & Smith's dividend payout ratio is presently 4,787.23%.

Insider Activity

In other Hill & Smith news, insider Rutger Helbing acquired 10,000 shares of the stock in a transaction on Wednesday, September 25th. The shares were bought at an average cost of GBX 2,039 ($26.47) per share, with a total value of £203,900 ($264,736.43). Corporate insiders own 1.88% of the company's stock.

Hill & Smith Company Profile

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.