Hilton Food Group (LON:HFG) Trading Down 1.9% – What’s Next?

Hilton Food Group plc (LON:HFG) dropped 1.9% during trading on Thursday . The stock traded as low as GBX 897.50 ($11.33) and last traded at GBX 906 ($11.44). Approximately 139,966 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 190,388 shares. The stock had previously closed at GBX 924 ($11.66).

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on HFG shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,105 ($13.95) price target on shares of Hilton Food Group in a report on Thursday, September 5th. Royal Bank of Canada boosted their price target on Hilton Food Group from GBX 1,000 ($12.62) to GBX 1,050 ($13.25) and gave the stock a “sector perform” rating in a research report on Thursday, September 5th. Finally, Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 5th.

Hilton Food Group Stock Performance

The business’s 50 day moving average price is GBX 912.16 and its two-hundred day moving average price is GBX 911.59. The company has a debt-to-equity ratio of 143.75, a quick ratio of 0.88 and a current ratio of 1.11. The company has a market capitalization of £812.68 million, a price-to-earnings ratio of 1,776.47, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57.

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.