Hilton Food Group (LON:HFG) Share Price Crosses Above 200-Day Moving Average of $836.90

Hilton Food Group plc (LON:HFG)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 836.90 ($10.63) and traded as high as GBX 909 ($11.55). Hilton Food Group shares last traded at GBX 899 ($11.42), with a volume of 860,101 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research note on Monday, May 20th.

Hilton Food Group Trading Down 0.1 %

The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 153.45. The company has a market cap of £805.50 million, a PE ratio of 2,247.50, a P/E/G ratio of 17.31 and a beta of 0.57. The business’s 50-day simple moving average is GBX 906.18 and its 200-day simple moving average is GBX 836.90.

Hilton Food Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 23 ($0.29) per share. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 2.69%. This is an increase from Hilton Food Group’s previous dividend of $9.00. Hilton Food Group’s dividend payout ratio (DPR) is currently 8,000.00%.

Insider Activity

In other news, insider Robert Watson sold 14,747 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of GBX 876 ($11.13), for a total transaction of £129,183.72 ($164,147.04). In related news, insider Robert Watson sold 14,747 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of GBX 876 ($11.13), for a total value of £129,183.72 ($164,147.04). Also, insider Patricia Dimond sold 2,236 shares of the firm’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of GBX 867 ($11.02), for a total transaction of £19,386.12 ($24,632.94). In the last 90 days, insiders have sold 30,111 shares of company stock worth $27,079,152. 13.98% of the stock is owned by corporate insiders.

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.