Hilton Food Group (LON:HFG) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Price dipped below 200‑day moving average: Hilton Food Group traded as low as GBX 532.50 versus its 200‑day MA of GBX 533.51 and last traded at GBX 542.12 on volume of 283,709, a potential technical caution for investors.
• Analyst views are mixed: Berenberg upgraded the stock to a "buy" and raised its target to GBX 790, but the consensus remains a "Hold" with an average price target of GBX 666.67.
• Fundamentals and insider activity: The company has a low P/E of 6.21 but a high debt‑to‑equity ratio of 129.90, while insiders (including Mark Allen and Bindi Foyle) recently bought shares and now own about 4.37%.

Hilton Food Group plc (LON:HFG - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 533.51 and traded as low as GBX 532.50. Hilton Food Group shares last traded at GBX 542.12, with a volume of 283,709 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on shares of Hilton Food Group from GBX 740 to GBX 790 and gave the company a "buy" rating in a report on Wednesday, April 1st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of GBX 666.67.

Hilton Food Group Price Performance

The stock has a market capitalization of £487.67 million, a P/E ratio of 6.21, a PEG ratio of 17.31 and a beta of 0.76. The stock's fifty day moving average is GBX 515.26 and its 200-day moving average is GBX 533.51. The company has a debt-to-equity ratio of 129.90, a current ratio of 1.10 and a quick ratio of 0.88.

Hilton Food Group (LON:HFG - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported GBX 52.70 earnings per share (EPS) for the quarter. The firm had revenue of GBX 421.46 billion during the quarter. Hilton Food Group had a net margin of 1.14% and a return on equity of 14.17%. On average, equities analysts anticipate that Hilton Food Group plc will post 62.3340321 earnings per share for the current year.

Insiders Place Their Bets

In other Hilton Food Group news, insider Mark Allen acquired 42,500 shares of the firm's stock in a transaction that occurred on Friday, January 30th. The stock was purchased at an average cost of GBX 468 per share, for a total transaction of £198,900. Also, insider Bindi Foyle  acquired 3,761 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was acquired at an average price of GBX 529 per share, with a total value of £19,895.69. Corporate insiders own 4.37% of the company's stock.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world. We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd. We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.

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