Hill & Smith PLC (LON:HILS – Get Free Report)’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
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.
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