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

Hill & Smith PLC (LON:HILS)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,122.35 and traded as high as GBX 2,350. Hill & Smith shares last traded at GBX 2,295.65, with a volume of 185,740 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HILS shares. Shore Capital reiterated a “hold” rating on shares of Hill & Smith in a report on Wednesday, November 19th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,530 price objective on shares of Hill & Smith in a research report on Thursday, November 20th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Hill & Smith has a consensus rating of “Moderate Buy” and an average target price of GBX 2,601.67.

Hill & Smith Stock Down 0.4%

The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The stock has a market cap of £1.85 billion, a P/E ratio of 23.44 and a beta of 1.31. The company’s 50 day moving average price is GBX 2,210.84 and its two-hundred day moving average price is GBX 2,122.35.

About Hill & Smith

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.