Hill & Smith (LON:HILS) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Hill & Smith PLC (LON:HILS)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,945.67 and traded as high as GBX 2,197.29. Hill & Smith shares last traded at GBX 2,190, with a volume of 889,803 shares.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HILS. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,650 price target on shares of Hill & Smith in a report on Monday, September 8th. Deutsche Bank Aktiengesellschaft raised their target price on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the company a “buy” rating in a report on Wednesday, August 13th. Finally, Shore Capital restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,637.50.

Hill & Smith Stock Up 0.9%

The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92. The stock has a fifty day moving average price of GBX 2,109.92 and a two-hundred day moving average price of GBX 1,945.67. The company has a market cap of £1.76 billion, a P/E ratio of 22.13 and a beta of 1.31.

Hill & Smith (LON:HILS) last posted its earnings results on Wednesday, August 13th. The company reported GBX 63.90 earnings per share for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. On average, research analysts expect that Hill & Smith PLC will post 129.1287386 EPS for the current year.

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.