Hilton Food Group (LON:HFG) Stock Passes Above 200-Day Moving Average of $777.70

Posted by Defense World Staff on Apr 30th, 2024

Hilton Food Group plc (LON:HFG – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 777.70 ($9.77) and traded as high as GBX 920 ($11.56). Hilton Food Group shares last traded at GBX 913 ($11.47), with a volume of 306,552 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research report on Wednesday, April 3rd.

View Our Latest Report on HFG

Hilton Food Group Stock Up 0.6 %

The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 153.45. The company has a market capitalization of £818.05 million, a price-to-earnings ratio of 2,282.50, a price-to-earnings-growth ratio of 17.31 and a beta of 0.59. The business has a 50-day moving average price of GBX 850.46 and a 200-day moving average price of GBX 777.70.

Hilton Food Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 23 ($0.29) per share. This is an increase from Hilton Food Group’s previous dividend of $9.00. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 2.69%. Hilton Food Group’s payout ratio is currently 8,000.00%.

Insider Activity

In other news, insider Patricia Dimond sold 2,236 shares of Hilton Food Group stock in a transaction on Thursday, April 4th. The stock was sold at an average price of GBX 867 ($10.89), for a total transaction of £19,386.12 ($24,351.36). 13.99% of the stock is currently owned by corporate insiders.

Hilton Food Group Company Profile

(Get Free Report)

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.