Hill & Smith (LON:HILS) Hits New 12-Month High – Here’s What Happened

Hill & Smith PLC (LON:HILS)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 2,975 and last traded at GBX 2,970, with a volume of 1996577 shares traded. The stock had previously closed at GBX 2,935.

Wall Street Analysts Forecast Growth

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

Hill & Smith Stock Performance

The stock has a 50-day moving average of GBX 2,756.41 and a 200 day moving average of GBX 2,448.59. The stock has a market cap of £2.33 billion, a PE ratio of 29.28 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 1.85 and a debt-to-equity ratio of 25.52.

Insiders Place Their Bets

In other news, 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 transaction of £74,023.20. Also, insider Nick Anderson acquired 3,750 shares of the company’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, with a total value of £103,012.50. 1.99% of the stock is owned by company insiders.

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.