Hill & Smith (LON:HILS) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Hill & Smith PLC (LON:HILS) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,042.08 and traded as high as GBX 2,200. Hill & Smith shares last traded at GBX 2,175, with a volume of 164,250 shares changing hands.

Analyst Ratings Changes

Several research firms have commented on HILS. Berenberg Bank reissued a “buy” rating and set a GBX 2,650 target price on shares of Hill & Smith in a research report on Monday, September 8th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,530 price target on shares of Hill & Smith in a research note on Thursday, November 20th. Finally, Shore Capital reissued a “hold” rating on shares of Hill & Smith in a research note on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Hill & Smith presently has an average rating of “Moderate Buy” and an average price target of GBX 2,601.67.

Hill & Smith Price Performance

The firm has a market cap of £1.73 billion, a P/E ratio of 21.88 and a beta of 1.31. The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The stock’s 50-day moving average is GBX 2,169.37 and its 200-day moving average is GBX 2,042.08.

About Hill & Smith

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.