Hf Foods Group (NASDAQ:HFFG) Receives Sell (D) Rating from Weiss Ratings

Key Points

• Hf Foods Group has received a sell (D) rating from Weiss Ratings, while another firm, Wall Street Zen, has upgraded it to a strong-buy rating.
• The company currently has a consensus rating of Hold with an average target price of $7.00.
• Shares of Hf Foods Group are trading at $2.63, with a market capitalization of roughly $139.50 million and significant recent activity from institutional investors.

Hf Foods Group (NASDAQ:HFFG - Get Free Report)'s stock had its "sell (d)" rating reissued by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Hf Foods Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $7.00.

Hf Foods Group Stock Up 1.9%

Shares of Hf Foods Group stock opened at $2.63 on Wednesday. Hf Foods Group has a 1 year low of $1.70 and a 1 year high of $4.93. The business has a 50-day moving average of $3.16 and a two-hundred day moving average of $3.52. The company has a market capitalization of $139.50 million, a P/E ratio of -2.89, a price-to-earnings-growth ratio of 1.02 and a beta of 0.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.19 and a quick ratio of 0.44.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Choreo LLC acquired a new position in Hf Foods Group during the first quarter valued at approximately $56,000. Tower Research Capital LLC TRC boosted its position in Hf Foods Group by 192.7% during the second quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company's stock valued at $40,000 after purchasing an additional 8,197 shares during the last quarter. Invesco Ltd. boosted its position in Hf Foods Group by 37.1% during the second quarter. Invesco Ltd. now owns 16,070 shares of the company's stock valued at $51,000 after purchasing an additional 4,351 shares during the last quarter. Intech Investment Management LLC acquired a new position in Hf Foods Group during the second quarter valued at approximately $61,000. Finally, Walleye Capital LLC acquired a new position in Hf Foods Group during the second quarter valued at approximately $61,000. 24.02% of the stock is owned by institutional investors and hedge funds.

Hf Foods Group Company Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.

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