HF Foods Group (NASDAQ:HFFG) Stock Price Down 2.5%

Shares of HF Foods Group Inc. (NASDAQ:HFFG) traded down 2.5% during mid-day trading on Tuesday . The company traded as low as $2.96 and last traded at $2.99. 53,184 shares traded hands during trading, a decline of 2% from the average session volume of 54,206 shares. The stock had previously closed at $3.06.

HF Foods Group Stock Down 2.5 %

The company has a market cap of $155.70 million, a PE ratio of -59.69 and a beta of 1.76. The business has a 50-day simple moving average of $3.52 and a 200-day simple moving average of $4.34. The company has a quick ratio of 0.51, a current ratio of 1.25 and a debt-to-equity ratio of 0.42.

HF Foods Group (NASDAQ:HFFG) last issued its quarterly earnings results on Thursday, March 14th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $280.87 million for the quarter. HF Foods Group had a positive return on equity of 6.68% and a negative net margin of 0.19%.

Hedge Funds Weigh In On HF Foods Group

Several hedge funds and other institutional investors have recently made changes to their positions in HFFG. SG Americas Securities LLC acquired a new stake in shares of HF Foods Group in the third quarter valued at approximately $75,000. Bank of New York Mellon Corp increased its holdings in shares of HF Foods Group by 4.7% in the third quarter. Bank of New York Mellon Corp now owns 122,185 shares of the company’s stock valued at $485,000 after purchasing an additional 5,488 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of HF Foods Group by 34.8% in the fourth quarter. Russell Investments Group Ltd. now owns 218,794 shares of the company’s stock valued at $1,168,000 after purchasing an additional 56,446 shares during the last quarter. Hedge funds and other institutional investors own 24.02% of the company’s stock.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.