Hilton Food Group (LON:HFG) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 682.86 and traded as low as GBX 494.50. Hilton Food Group shares last traded at GBX 501, with a volume of 149,353 shares traded.

Analysts Set New Price Targets

A number of brokerages have commented on HFG. Berenberg Bank reduced their price target on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, November 25th. Peel Hunt reiterated a “hold” rating and issued a GBX 670 target price on shares of Hilton Food Group in a research report on Tuesday, November 25th. Finally, Royal Bank Of Canada cut their price target on shares of Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a research report on Wednesday, November 12th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Hilton Food Group presently has an average rating of “Hold” and a consensus target price of GBX 666.67.

Hilton Food Group Trading Up 1.0%

The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The company has a market capitalization of £450.42 million, a PE ratio of 11.65, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The stock’s fifty day moving average price is GBX 524.66 and its two-hundred day moving average price is GBX 682.86.

About Hilton Food Group

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.