Hunting PLC (LON:HTG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 292.24 ($3.99) and traded as high as GBX 294.50 ($4.02). Hunting shares last traded at GBX 293.50 ($4.01), with a volume of 472,836 shares changing hands.
Wall Street Analyst Weigh In
Several research firms recently commented on HTG. Berenberg Bank cut their price target on shares of Hunting from GBX 490 ($6.69) to GBX 480 ($6.56) and set a "buy" rating on the stock in a report on Wednesday, April 16th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 600 ($8.20) price target on shares of Hunting in a report on Wednesday, April 16th.
Read Our Latest Stock Analysis on HTG
Hunting Price Performance
The business's 50 day moving average price is GBX 261.38 and its 200-day moving average price is GBX 292.24. The company has a quick ratio of 2.08, a current ratio of 2.69 and a debt-to-equity ratio of 11.64. The company has a market cap of £601.82 million, a PE ratio of 4.89, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07.
About Hunting
(
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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.
See Also
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