HelloFresh (ETR:HFG) Trading Down 2.3% - Should You Sell?

Key Points

• HelloFresh SE's stock price fell 2.3%, trading at €7.71 ($9.08) after reaching a low of €7.67 ($9.02), with a notable trading volume increase of 2,825% compared to its average.
• The company has a market capitalization of $1.36 billion and a P/E ratio of -11.17, alongside a high debt-to-equity ratio of 5.53.
• HelloFresh operates as a meal kit provider across numerous countries, offering a variety of meal options and add-ons to its customers.

HelloFresh SE (ETR:HFG - )'s stock price traded down 2.3% during mid-day trading on Monday . The company traded as low as €7.67 ($9.02) and last traded at €7.71 ($9.08). 986,808 shares were traded during trading, an increase of 2,825% from the average session volume of 33,734 shares. The stock had previously closed at €7.90 ($9.29).

HelloFresh Stock Down 2.3%

The stock has a 50 day moving average price of €8.33 and a 200-day moving average price of €8.69. The stock has a market capitalization of $1.36 billion, a P/E ratio of -11.17, a PEG ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.72 and a quick ratio of 0.61.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.