Hilton Food Group (LON:HFG) Reaches New 1-Year High at $982.00

Hilton Food Group plc (LON:HFG) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 982 ($12.95) and last traded at GBX 974 ($12.84), with a volume of 3214156 shares traded. The stock had previously closed at GBX 970 ($12.79).

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,105 ($14.57) price target on shares of Hilton Food Group in a research note on Thursday, August 22nd. Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research note on Monday, May 20th.

Hilton Food Group Trading Up 0.5 %

The business’s 50-day simple moving average is GBX 918.20 and its 200-day simple moving average is GBX 885.25. The company has a debt-to-equity ratio of 153.45, a quick ratio of 0.88 and a current ratio of 1.17. The company has a market capitalization of £873.60 million, a price-to-earnings ratio of 2,432.50, a P/E/G ratio of 17.31 and a beta of 0.55.

Insider Buying and Selling at Hilton Food Group

In other news, insider Robert Watson sold 14,747 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of GBX 876 ($11.55), for a total value of £129,183.72 ($170,359.65). Company insiders own 14.39% of the company’s stock.

About Hilton Food Group

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.