Hill & Smith (LON:HILS) Shares Cross Above 200-Day Moving Average of $1,830.56

Hill & Smith PLC (LON:HILS)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,830.56 ($22.61) and traded as high as GBX 1,914 ($23.64). Hill & Smith shares last traded at GBX 1,896 ($23.42), with a volume of 49,873 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,100 ($25.94) price objective on shares of Hill & Smith in a report on Tuesday, March 12th.

Hill & Smith Stock Performance

The company has a market cap of £1.52 billion, a price-to-earnings ratio of 2,230.59 and a beta of 1.25. The company has a current ratio of 2.02, a quick ratio of 0.92 and a debt-to-equity ratio of 33.64. The stock’s fifty day simple moving average is GBX 1,889.08 and its 200 day simple moving average is GBX 1,830.56.

Hill & Smith Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 30th will be issued a GBX 28 ($0.35) dividend. This is an increase from Hill & Smith’s previous dividend of $15.00. The ex-dividend date is Thursday, May 30th. This represents a yield of 1.51%. Hill & Smith’s dividend payout ratio is presently 5,058.82%.

Insider Buying and Selling at Hill & Smith

In other news, insider Alan Giddins purchased 3,900 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was acquired at an average price of GBX 1,894 ($23.39) per share, for a total transaction of £73,866 ($91,237.65). 1.97% of the stock is owned by insiders.

Hill & Smith Company Profile

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.