Hilton Food Group plc (LON:HFG) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,108.19 ($14.48) and traded as high as GBX 1,257.44 ($16.43). Hilton Food Group shares last traded at GBX 1,232 ($16.10), with a volume of 53,267 shares changing hands.
Separately, Royal Bank of Canada raised shares of Hilton Food Group to an “outperform” rating and lifted their price target for the company from GBX 1,200 ($15.68) to GBX 1,500 ($19.60) in a research note on Thursday, April 8th.
The company has a debt-to-equity ratio of 221.34, a current ratio of 1.15 and a quick ratio of 0.82. The company’s 50-day simple moving average is GBX 1,150.60 and its 200-day simple moving average is GBX 1,108.19. The stock has a market capitalization of £1.01 billion and a P/E ratio of 25.72.
The firm also recently declared a dividend, which will be paid on Friday, July 2nd. Investors of record on Thursday, June 3rd will be paid a GBX 19 ($0.25) dividend. The ex-dividend date is Thursday, June 3rd. This is an increase from Hilton Food Group’s previous dividend of $7.00. This represents a dividend yield of 1.65%. Hilton Food Group’s dividend payout ratio is 0.47%.
About Hilton Food Group (LON:HFG)
Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.
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