Hilton Food Group (LON:HFG) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG) 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 changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated 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. Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, November 5th. Finally, Royal Bank of Canada increased their target price on 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 note on Thursday, September 5th.

Hilton Food Group Trading Down 0.8 %

The stock 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 company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 143.75. The stock’s fifty day moving average price is GBX 907.81 and its 200 day moving average price is GBX 914.54.

Hilton Food Group Cuts Dividend

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

Hilton Food Group Company Profile

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.