Hill & Smith (LON:HILS) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Hill & Smith PLC (LON:HILS) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,383.66 and traded as high as GBX 2,830. Hill & Smith shares last traded at GBX 2,760, with a volume of 306,344 shares trading hands.

Analyst Ratings Changes

HILS has been the topic of several recent analyst reports. Shore Capital Group reaffirmed a “hold” rating on shares of Hill & Smith in a research note on Wednesday, March 11th. Jefferies Financial Group raised shares of Hill & Smith to a “buy” rating and boosted their price objective for the company from GBX 2,760 to GBX 3,250 in a research report on Thursday, May 28th. Berenberg Bank restated a “buy” rating and issued a GBX 2,750 target price on shares of Hill & Smith in a research note on Thursday, March 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Hill & Smith from GBX 2,625 to GBX 2,930 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Hill & Smith has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Hill & Smith Trading Down 1.0%

The firm has a market capitalization of £2.16 billion, a P/E ratio of 27.17 and a beta of 1.29. The stock has a 50-day simple moving average of GBX 2,650.99 and a two-hundred day simple moving average of GBX 2,383.66. The company has a current ratio of 1.85, a quick ratio of 0.92 and a debt-to-equity ratio of 25.52.

Insider Buying and Selling at Hill & Smith

In other news, insider Nick Anderson acquired 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average cost of GBX 2,747 per share, for a total transaction of £103,012.50. Also, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Company insiders own 2.00% of the company’s stock.

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.