HelloFresh (ETR:HFG) Trading Up 1.4% - Should You Buy?

Key Points

• HelloFresh's stock increased by 1.4%, trading at €7.56 ($8.89) on Monday, which is a notable rise from its previous close at €7.45 ($8.77).
• The company has a debt-to-equity ratio of 5.53 and a market capitalization of $1.33 billion, indicating high leverage.
• HiHelloFresh operates in multiple countries, providing a range of meal kit options, including premium meals and various add-ons like desserts and snacks.

HelloFresh SE (ETR:HFG - )'s stock price traded up 1.4% during mid-day trading on Monday . The company traded as high as €7.66 ($9.02) and last traded at €7.56 ($8.89). 1,090,622 shares changed hands during trading, an increase of 3,133% from the average session volume of 33,734 shares. The stock had previously closed at €7.45 ($8.77).

HelloFresh Stock Performance

The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 5.53. The stock has a market capitalization of $1.33 billion, a PE ratio of -10.94, a price-to-earnings-growth ratio of 1.37 and a beta of 0.03. The firm's fifty day moving average is €8.50 and its 200-day moving average is €9.14.

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.

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.