Hill & Smith (LON:HILS) Share Price Passes Above 200 Day Moving Average – Here’s Why

Hill & Smith PLC (LON:HILS) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,084.55 and traded as high as GBX 2,296. Hill & Smith shares last traded at GBX 2,270.81, with a volume of 163,695 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently issued reports on HILS. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,530 target price on shares of Hill & Smith in a research report on Thursday, November 20th. Shore Capital reaffirmed a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,601.67.

Hill & Smith Stock Performance

The firm has a market cap of £1.82 billion, a P/E ratio of 22.99 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 firm has a fifty day moving average of GBX 2,179.73 and a 200-day moving average of GBX 2,084.55.

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.