Hilton Food Group (LON:HFG) Reaches New 12-Month Low at $855.00

Shares of Hilton Food Group plc (LON:HFG) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 855 ($11.17) and last traded at GBX 910 ($11.89), with a volume of 29738 shares changing hands. The stock had previously closed at GBX 933 ($12.19).

Several equities analysts recently issued reports on the company. HSBC restated a “hold” rating on shares of Hilton Food Group in a research report on Friday, June 28th. Peel Hunt restated a “hold” rating on shares of Hilton Food Group in a research report on Monday, July 15th. Shore Capital restated a “buy” rating on shares of Hilton Food Group in a research report on Thursday, July 18th. Berenberg Bank boosted their price target on Hilton Food Group from GBX 890 ($11.63) to GBX 950 ($12.41) and gave the company a “hold” rating in a research report on Friday, May 3rd. Finally, Numis Securities restated an “add” rating on shares of Hilton Food Group in a research report on Monday, June 3rd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 1,035 ($13.52).

The business’s 50-day moving average price is GBX 956.48. The company has a market cap of $739.41 million and a PE ratio of 22.91. The company has a current ratio of 1.23, a quick ratio of 0.91 and a debt-to-equity ratio of 63.36.

In other news, insider Robert Watson sold 65,242 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of GBX 1,024 ($13.38), for a total transaction of £668,078.08 ($872,962.34).

About Hilton Food Group (LON:HFG)

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.

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