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

Key Points

• Hill & Smith shares crossed above their 200-day moving average, reaching GBX 2,925 before last trading at GBX 2,885, while down 0.5% on the day.
• Analysts remain positive: three rate the stock a Buy and one a Hold, producing a consensus “Moderate Buy” rating and an average price target of GBX 3,241.67.
• Insiders have been buying shares, with 9,222 shares purchased over the past 90 days; company insiders own approximately 2.01% of the stock.

Hill & Smith PLC (LON:HILS - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,591.16 and traded as high as GBX 2,925. Hill & Smith shares last traded at GBX 2,885, with a volume of 102,631 shares.

Wall Street Analyst Weigh In

HILS has been the topic of several analyst reports. Berenberg Bank raised their price target on shares of Hill & Smith from GBX 2,950 to GBX 3,180 and gave the company a "buy" rating in a research report on Monday, August 17th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 3,320 price objective on shares of Hill & Smith in a research report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft increased their target price 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. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 3,241.67.

Hill & Smith Trading Down 0.5%

The company has a current ratio of 2.04, a quick ratio of 0.92 and a debt-to-equity ratio of 41.04. The company has a market capitalization of £2.25 billion, a price-to-earnings ratio of 28.40 and a beta of 1.28. The company has a fifty day moving average of GBX 2,913.15 and a 200-day moving average of GBX 2,591.16.

Insider Activity at Hill & Smith

In other news, insider Nick Anderson bought 4,120 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were acquired at an average price 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 dated Thursday, August 13th. The stock was purchased at an average cost of GBX 2,943 per share, for a total transaction of £39,789.36. In the last 90 days, insiders bought 9,222 shares of company stock worth $26,318,826. Company insiders own 2.01% of the company's stock.

Hill & Smith Company Profile

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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