Hill & Smith (LON:HILS) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Hill & Smith PLC's stock price has crossed above its 200-day moving average, reaching a high of GBX 1,988 ($26.70) during trading.
• Berenberg Bank has set a new price target of GBX 2,500 ($33.58) for the stock, while Shore Capital downgraded it to a "hold" rating.
• The company maintains a market capitalization of £1.59 billion with key financial metrics including a quick ratio of 0.92 and a debt-to-equity ratio of 34.30.

Hill & Smith PLC (LON:HILS - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,846.60 ($24.80) and traded as high as GBX 1,988 ($26.70). Hill & Smith shares last traded at GBX 1,965.18 ($26.40), with a volume of 117,730 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Berenberg Bank reiterated a "buy" rating and set a GBX 2,500 ($33.58) price objective on shares of Hill & Smith in a report on Tuesday, July 8th. Shore Capital downgraded shares of Hill & Smith to a "hold" rating in a research report on Thursday, May 22nd.

Hill & Smith Trading Up 0.0%

The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The firm's 50-day moving average price is GBX 1,860.52 and its 200 day moving average price is GBX 1,846.60. The company has a market capitalization of £1.59 billion, a P/E ratio of 20.72 and a beta of 1.31.

Hill & Smith Company Profile

Our purpose is to create sustainable infrastructure and safe transport through innovation. Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value. Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.

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