Hilton Food Group (LON:HFG) Shares Pass Above 200 Day Moving Average – Should You Sell?

Hilton Food Group plc (LON:HFG) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 908.67 ($11.87) and traded as high as GBX 921 ($12.03). Hilton Food Group shares last traded at GBX 920 ($12.01), with a volume of 102,411 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have commented on HFG shares. Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,105 ($14.43) price objective on shares of Hilton Food Group in a research note on Thursday, September 5th. Finally, Royal Bank of Canada increased their price objective on Hilton Food Group from GBX 1,000 ($13.06) to GBX 1,050 ($13.71) and gave the company a “sector perform” rating in a report on Thursday, September 5th.

Hilton Food Group Price Performance

The business’s 50-day simple moving average is GBX 919.08 and its two-hundred day simple moving average is GBX 908.67. 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 has a market cap of £825.24 million, a P/E ratio of 1,803.92, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57.

Hilton Food Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 31st will be paid a GBX 9.60 ($0.13) dividend. The ex-dividend date 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.