HF Foods Group (NASDAQ:HFFG) Stock Price Down 2.5%

HF Foods Group Inc. (NASDAQ:HFFG) was down 2.5% during trading on Tuesday . The stock traded as low as $2.96 and last traded at $2.99. Approximately 53,184 shares were traded during trading, a decline of 2% from the average daily volume of 54,206 shares. The stock had previously closed at $3.06.

HF Foods Group Stock Down 2.5 %

The company has a debt-to-equity ratio of 0.42, a current ratio of 1.25 and a quick ratio of 0.51. The company has a market cap of $155.70 million, a PE ratio of -59.69 and a beta of 1.76. The company has a fifty day moving average price of $3.52 and a 200 day moving average price of $4.34.

HF Foods Group (NASDAQ:HFFG) last released its earnings results on Thursday, March 14th. The company reported $0.24 earnings per share for the quarter. The company had revenue of $280.87 million during the quarter. HF Foods Group had a positive return on equity of 6.68% and a negative net margin of 0.19%.

Institutional Trading of HF Foods Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC raised its holdings in shares of HF Foods Group by 16.1% during the fourth quarter. SG Americas Securities LLC now owns 22,031 shares of the company’s stock valued at $118,000 after acquiring an additional 3,055 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of HF Foods Group by 4.7% during the third quarter. Bank of New York Mellon Corp now owns 122,185 shares of the company’s stock valued at $485,000 after acquiring an additional 5,488 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of HF Foods Group by 34.8% during the fourth quarter. Russell Investments Group Ltd. now owns 218,794 shares of the company’s stock valued at $1,168,000 after acquiring an additional 56,446 shares in the last quarter. Institutional investors own 24.02% of the company’s stock.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.