HelloFresh (ETR:HFG) Stock Price Up 2.2% - Here's What Happened

HelloFresh SE (ETR:HFG - Get Free Report) shot up 2.2% during trading on Wednesday . The stock traded as high as €7.98 ($8.77) and last traded at €7.94 ($8.73). 802,861 shares changed hands during mid-day trading, an increase of 2,280% from the average session volume of 33,734 shares. The stock had previously closed at €7.77 ($8.54).

HelloFresh Price Performance

The company's 50-day simple moving average is €10.38 and its 200 day simple moving average is €10.71. The company has a market cap of $1.31 billion, a PE ratio of -10.76, a PEG ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.61 and a current ratio of 0.72.

HelloFresh Company Profile

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.