HelloFresh (ETR:HFG) Trading Up 3% - Here's Why

HelloFresh SE (ETR:HFG - Get Free Report)'s stock price traded up 3% during mid-day trading on Friday . The stock traded as high as €8.13 ($9.57) and last traded at €8.09 ($9.52). 704,030 shares traded hands during trading, an increase of 1,987% from the average session volume of 33,734 shares. The stock had previously closed at €7.86 ($9.24).

HelloFresh Stock Performance

The business has a 50-day simple moving average of €9.45 and a 200 day simple moving average of €10.28. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.72 and a quick ratio of 0.61. The firm has a market cap of $1.43 billion, a PE ratio of -11.72, a PEG ratio of 1.37 and a beta of 0.03.

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.

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