HelloFresh (ETR:HFG) Trading Up 0.5% - Here's Why

Key Points

• Shares of HelloFresh SE (ETR:HFG) increased by 0.5% on Friday, with significant trading volume of approximately 500,071 shares, marking a 1,382% rise from the average daily volume.
• The company has a market cap of $1.67 billion and a debt-to-equity ratio of 5.53, indicating potential financial risk.
• HelloFresh operates as a meal kit provider across multiple countries, offering a range of products including premium meals, snacks, and seasonal boxes.

Shares of HelloFresh SE (ETR:HFG - Get Free Report) were up 0.5% during trading on Friday . The stock traded as high as €9.48 ($11.02) and last traded at €9.28 ($10.79). Approximately 500,071 shares changed hands during mid-day trading, an increase of 1,382% from the average daily volume of 33,734 shares. The stock had previously closed at €9.23 ($10.73).

HelloFresh Price Performance

The business's 50-day simple moving average is €8.84 and its two-hundred day simple moving average is €9.49. The stock has a market cap of $1.59 billion, a P/E ratio of -13.07, a price-to-earnings-growth ratio of 1.37 and a beta of 0.03. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 5.53.

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.