Hilton Food Group (LON:HFG) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Posted by Defense World Staff on Nov 21st, 2024

Hilton Food Group plc (LON:HFG – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 914.54 ($11.57) and traded as high as GBX 930 ($11.77). Hilton Food Group shares last traded at GBX 916 ($11.59), with a volume of 42,108 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,105 ($13.98) target price on shares of Hilton Food Group in a report on Thursday, September 5th. Royal Bank of Canada raised their target price on shares of Hilton Food Group from GBX 1,000 ($12.65) to GBX 1,050 ($13.29) and gave the stock a “sector perform” rating in a research report on Thursday, September 5th. Finally, Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 5th.

Get Our Latest Report on HFG

Hilton Food Group Trading Down 0.8 %

The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 143.75. The company has a market cap of £821.65 million, a PE ratio of 1,796.08, a PEG ratio of 17.31 and a beta of 0.57. The stock has a 50 day moving average price of GBX 907.81 and a 200 day moving average price of GBX 914.54.

Hilton Food Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 9.60 ($0.12) per share. This represents a yield of 0.99%. The ex-dividend date is Thursday, October 31st. Hilton Food Group’s dividend payout ratio is currently 6,470.59%.

Hilton Food Group Company Profile

(Get Free Report)

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. It offers beef, pork, lamb, poultry, seafood, and vegan and vegetarian food, such as steak, roast, diced, mince, meatloaf, sausages, burgers, meatballs ribs, chops, bacon, gammon, schnitzel, pulled belly, rib rack, smoked loin, shanks, carcass, chicken kabab, chicken drumsticks, chicken tight, chicken wings, half chicken, duck leg, duck half, coated, salmon, white fish, shellfish, fish cakes, smoked salmon, strips, nuggets, pulled, and balls.