Hilton Food Group (LON:HFG) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Hilton Food Group plc (LON:HFG) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 554.61 and traded as low as GBX 471. Hilton Food Group shares last traded at GBX 487.50, with a volume of 2,533,691 shares changing hands.

Analyst Ratings Changes

Several research firms have recently commented on HFG. Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. Peel Hunt restated a “hold” rating and issued a GBX 670 price target on shares of Hilton Food Group in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 666.67.

Hilton Food Group Price Performance

The company has a debt-to-equity ratio of 158.23, a current ratio of 1.20 and a quick ratio of 0.88. The company’s 50 day moving average is GBX 506.82 and its 200 day moving average is GBX 554.61. The stock has a market cap of £438.54 million, a price-to-earnings ratio of 11.34, a PEG ratio of 17.31 and a beta of 0.83.

Insiders Place Their Bets

In related news, insider Mark Allen bought 42,500 shares of the company’s stock in a transaction on Friday, January 30th. The stock was bought at an average cost of GBX 468 per share, with a total value of £198,900. Insiders own 4.37% of the company’s stock.

Hilton Food Group Company Profile

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.