Hill & Smith (LON:HILS) Reaches New 12-Month High – Still a Buy?

Hill & Smith PLC (LON:HILSGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 2,915 and last traded at GBX 2,905, with a volume of 54903 shares traded. The stock had previously closed at GBX 2,885.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and lifted their price target for the company from GBX 2,760 to GBX 3,250 in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Read Our Latest Stock Analysis on Hill & Smith

Hill & Smith Stock Up 1.4%

The firm has a market capitalization of £2.29 billion, a P/E ratio of 28.79 and a beta of 1.29. The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92. The stock has a fifty day moving average of GBX 2,735.51 and a 200 day moving average of GBX 2,430.53.

Insider Buying and Selling

In related news, insider Nick Anderson purchased 3,750 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was bought at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Also, insider Chris McLeish sold 2,682 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total value of £74,023.20. 1.99% of the stock is owned by corporate insiders.

About Hill & Smith

(Get Free Report)

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.

Further Reading

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