Hill & Smith (LON:HILS) Shares Pass Above 200-Day Moving Average of $1,579.03

Hill & Smith PLC (LON:HILS)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,579.03 ($19.49) and traded as high as GBX 1,722 ($21.26). Hill & Smith shares last traded at GBX 1,696 ($20.94), with a volume of 54,444 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price objective on shares of Hill & Smith from GBX 1,625 ($20.06) to GBX 2,000 ($24.69) and gave the company a “buy” rating in a research report on Wednesday, August 9th.

Hill & Smith Stock Performance

The company has a market cap of £1.36 billion, a price-to-earnings ratio of 2,120.00 and a beta of 1.18. The company has a debt-to-equity ratio of 37.91, a quick ratio of 0.92 and a current ratio of 2.06. The stock’s fifty day simple moving average is GBX 1,699.08 and its two-hundred day simple moving average is GBX 1,579.03.

Insider Buying and Selling

In related news, insider Alan Giddins bought 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average cost of GBX 1,663 ($20.53) per share, for a total transaction of £149,670 ($184,754.97). 2.39% of the stock is owned by corporate insiders.

About Hill & Smith

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 Roads & Security; Utilities; and Galvanizing Services segments. 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 offres security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.