Hill & Smith (LON:HILS) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Hill & Smith shares rose above their 200-day moving average, reaching GBX 2,900 before last trading at GBX 2,870.90, although the stock was down 0.7% in the session.
• Analysts remain broadly positive: three rate the stock a Buy and one a Hold, giving it a “Moderate Buy” consensus and an average price target of GBX 3,241.67.
• Insiders recently bought shares, including purchases by Nick Anderson and Anthony Quinlan, while insiders collectively own 1.99% of the company.

Shares of Hill & Smith PLC (LON:HILS - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,642.64 and traded as high as GBX 2,900. Hill & Smith shares last traded at GBX 2,870.90, with a volume of 117,440 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HILS shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Hill & Smith from GBX 2,975 to GBX 3,225 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Berenberg Bank upped their price objective on Hill & Smith from GBX 2,950 to GBX 3,180 and gave the stock a "buy" rating in a report on Monday, August 17th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 3,320 target price on shares of Hill & Smith in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 3,241.67.

Hill & Smith Trading Down 0.7%

The firm's 50 day simple moving average is GBX 2,941.59 and its 200-day simple moving average is GBX 2,642.64. The company has a market capitalization of £2.24 billion, a PE ratio of 23.72 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 2.04 and a debt-to-equity ratio of 41.04.

Insider Buying and Selling at Hill & Smith

In related news, insider Nick Anderson purchased 4,120 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average cost of GBX 2,922 per share, for a total transaction of £120,386.40. Also, insider Anthony (Tony) James Quinlan purchased 1,352 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average price of GBX 2,943 per share, with a total value of £39,789.36. Insiders own 1.99% of the company's stock.

About Hill & Smith

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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