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

Key Points

• Hill & Smith shares crossed above their 200-day moving average, reaching GBX 2,993.54 before closing at GBX 2,975, compared with the 200-day average of GBX 2,823.04.
• Analysts remain broadly positive: three rate the stock Buy and one Hold, producing a “Moderate Buy” consensus and an average price target of GBX 3,241.67.
• Insiders recently purchased shares worth approximately £160,000 combined, while the company has a £2.31 billion market capitalization and a price-to-earnings ratio of 24.58.

Shares of Hill & Smith PLC (LON:HILS - Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 2,823.04 and traded as high as GBX 2,993.54. Hill & Smith shares last traded at GBX 2,975, with a volume of 186,213 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Berenberg Bank lifted their target price 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. Jefferies Financial Group reissued a "buy" rating and set a GBX 3,320 price target on shares of Hill & Smith in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a "buy" rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,241.67.

Hill & Smith Stock Up 0.2%

The stock has a market cap of £2.31 billion, a PE ratio of 24.58 and a beta of 1.29. The business has a fifty day moving average of GBX 3,012.82 and a 200-day moving average of GBX 2,823.04. The company has a debt-to-equity ratio of 41.04, a current ratio of 2.04 and a quick ratio of 0.92.

Insider Buying and Selling

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

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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