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

Hill & Smith PLC (LON:HILS)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,065.22 and traded as high as GBX 2,190. Hill & Smith shares last traded at GBX 2,160, with a volume of 47,721 shares.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HILS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,650 price target on shares of Hill & Smith in a research report on Monday, September 8th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,530 price objective on shares of Hill & Smith in a research note on Thursday, November 20th. Finally, Shore Capital reiterated a “hold” rating on shares of Hill & Smith in a research note on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. 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 Stock Performance

The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92. The company has a 50 day simple moving average of GBX 2,178.77 and a 200-day simple moving average of GBX 2,065.22. The stock has a market capitalization of £1.72 billion, a P/E ratio of 21.73 and a beta of 1.31.

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.