Hf Foods Group (NASDAQ:HFFG) Upgraded to Strong-Buy at Wall Street Zen

Hf Foods Group (NASDAQ:HFFG) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Hf Foods Group Stock Down 3.0%

HFFG opened at $3.22 on Friday. The company has a market cap of $177.13 million, a P/E ratio of -3.54, a P/E/G ratio of 1.32 and a beta of 0.63. Hf Foods Group has a 12 month low of $1.70 and a 12 month high of $4.93. The business’s 50-day moving average price is $3.19 and its 200-day moving average price is $3.42. The company has a current ratio of 1.19, a quick ratio of 0.44 and a debt-to-equity ratio of 0.53.

Institutional Trading of Hf Foods Group

A number of institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its position in Hf Foods Group by 84.0% during the 4th quarter. Bank of America Corp DE now owns 48,807 shares of the company’s stock valued at $157,000 after purchasing an additional 22,280 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Hf Foods Group during the first quarter valued at approximately $681,000. Nuveen LLC purchased a new stake in Hf Foods Group in the first quarter worth $1,596,000. Northern Trust Corp lifted its stake in Hf Foods Group by 4.7% in the fourth quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock worth $1,029,000 after acquiring an additional 14,275 shares during the period. Finally, ProShare Advisors LLC bought a new stake in Hf Foods Group in the fourth quarter valued at $36,000. 24.02% of the stock is currently owned by hedge funds and other institutional investors.

Hf Foods Group Company Profile

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.