Hilton Food Group (LON:HFG) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 911.73 ($11.47) and traded as low as GBX 871 ($10.96). Hilton Food Group shares last traded at GBX 895 ($11.26), with a volume of 39,836 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have commented on HFG. Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,105 ($13.90) price objective on shares of Hilton Food Group in a research note on Thursday, September 5th. Finally, Royal Bank of Canada lifted their target price on Hilton Food Group from GBX 1,000 ($12.58) to GBX 1,050 ($13.21) and gave the stock a “sector perform” rating in a research report on Thursday, September 5th.

Hilton Food Group Price Performance

The firm has a market capitalization of £802.82 million, a price-to-earnings ratio of 1,754.90, a PEG ratio of 17.31 and a beta of 0.57. 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 business has a 50-day moving average price of GBX 914.85 and a two-hundred day moving average price of GBX 912.27.

About Hilton Food Group

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals.