HelloFresh (ETR:HFG) Trading 0.5% Higher - 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.

HelloFresh SE (ETR:HFG - Get Free Report)'s stock price rose 0.5% during trading on Friday . The company traded as high as €9.48 ($11.02) and last traded at €9.28 ($10.79). Approximately 500,071 shares were traded during 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 Stock Down 4.3%

The company's 50-day moving average is €8.87 and its 200 day moving average is €9.49. The company has a market capitalization of $1.60 billion, a PE ratio of -13.15, a P/E/G 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.

About HelloFresh

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.