Hunting (LON:HTG) Share Price Crosses Above 200 Day Moving Average - What's Next?

Hunting PLC (LON:HTG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 293.54 ($3.94) and traded as high as GBX 325.25 ($4.37). Hunting shares last traded at GBX 316.50 ($4.25), with a volume of 234,364 shares trading hands.

Analyst Ratings Changes

A number of research firms recently commented on HTG. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 600 ($8.05) price target on shares of Hunting in a research note on Wednesday, July 9th. Berenberg Bank restated a "buy" rating and set a GBX 465 ($6.24) target price on shares of Hunting in a research report on Wednesday, July 9th.

Hunting Stock Performance

The stock has a 50-day moving average price of GBX 279.15 and a 200 day moving average price of GBX 293.88. The company has a debt-to-equity ratio of 11.64, a current ratio of 2.69 and a quick ratio of 2.08. The firm has a market cap of £640.78 million, a PE ratio of 5.21, a P/E/G ratio of 1.06 and a beta of 1.07.

Hunting Company Profile

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors. Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry. Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment. Our people are our most important asset.