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Hilton Food Group (LON:HFG) Stock Price Crosses Above 200-Day Moving Average - Here's Why


Hilton Food Group (LON:HFG) Stock Price Crosses Above 200-Day Moving Average   - Here's Why

Hilton Food Group plc (LON:HFG - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 910.74 ($11.82) and traded as high as GBX 926 ($12.02). Hilton Food Group shares last traded at GBX 921 ($11.96), with a volume of 148,730 shares traded.

Several research firms have commented on HFG. Royal Bank of Canada lifted their price objective on shares of Hilton Food Group from GBX 1,000 ($12.98) to GBX 1,050 ($13.63) and gave the stock a "sector perform" rating in a research note on Thursday, September 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,105 ($14.35) price objective on shares of Hilton Food Group in a research note on Thursday, September 5th. Finally, Shore Capital reaffirmed a "house stock" rating on shares of Hilton Food Group in a research note on Wednesday, September 4th.

Read Our Latest Report on HFG

The firm has a market capitalization of £826.14 million, a P/E ratio of 1,805.88, a P/E/G ratio of 17.31 and a beta of 0.57. The firm has a 50-day moving average price of GBX 916.27 and a two-hundred day moving average price of GBX 910.74. The company has a debt-to-equity ratio of 143.75, a current ratio of 1.11 and a quick ratio of 0.88.

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

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.

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