Hill & Smith (LON:HILS) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Hill & Smith PLC (LON:HILS)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,196.12 and traded as low as GBX 2,115. Hill & Smith shares last traded at GBX 2,161.44, with a volume of 8,725,445 shares trading hands.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Shore Capital Group reiterated a “hold” rating on shares of Hill & Smith in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a research note on Thursday, March 12th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 2,750 price objective on shares of Hill & Smith in a research note on Thursday, March 12th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,736.67.

Hill & Smith Stock Performance

The company’s fifty day simple moving average is GBX 2,242.06 and its 200 day simple moving average is GBX 2,196.12. The company has a current ratio of 1.85, a quick ratio of 0.92 and a debt-to-equity ratio of 25.52. The stock has a market capitalization of £1.73 billion, a P/E ratio of 21.98 and a beta of 1.22.

Hill & Smith (LON:HILS) last announced its quarterly earnings results on Wednesday, March 11th. The company reported GBX 132.20 EPS for the quarter. Hill & Smith had a net margin of 9.50% and a return on equity of 17.34%. As a group, sell-side analysts forecast that Hill & Smith PLC will post 129.1287386 earnings per share for the current fiscal year.

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.