Hunting PLC (LON:HTG - Get Free Report) shares were up 12% during trading on Wednesday . The company traded as high as GBX 347 ($4.71) and last traded at GBX 336.50 ($4.57). Approximately 6,724,851 shares were traded during trading, an increase of 887% from the average daily volume of 681,271 shares. The stock had previously closed at GBX 300.50 ($4.08).
Analyst Ratings Changes
A number of research analysts have recently commented on HTG shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 465 ($6.32) price objective on shares of Hunting in a research report on Wednesday. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 600 ($8.15) price objective on shares of Hunting in a research report on Wednesday.
Get Our Latest Analysis on HTG
Hunting Price Performance
The stock's 50-day moving average price is GBX 271.70 and its 200 day moving average price is GBX 292.71. The firm has a market cap of £664.36 million, a price-to-earnings ratio of 5.40, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. The company has a quick ratio of 2.08, a current ratio of 2.69 and a debt-to-equity ratio of 11.64.
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.
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