Hotel Chocolat Group plc (LON:HOTC) shares shot up 0.7% on Monday . The company traded as high as GBX 375 ($4.90) and last traded at GBX 372.50 ($4.87). 34,287 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 122,512 shares. The stock had previously closed at GBX 370 ($4.83).
A number of research firms have weighed in on HOTC. Liberum Capital reissued a “buy” rating and issued a GBX 600 ($7.84) target price on shares of Hotel Chocolat Group in a research note on Tuesday, July 13th. Berenberg Bank lifted their price target on shares of Hotel Chocolat Group from GBX 300 ($3.92) to GBX 390 ($5.10) and gave the company a “hold” rating in a research report on Thursday, May 20th.
The company has a market cap of £507.87 million and a PE ratio of -60.00. The company has a quick ratio of 0.97, a current ratio of 1.21 and a debt-to-equity ratio of 58.05. The business has a 50-day simple moving average of GBX 370.10 and a 200-day simple moving average of GBX 381.41.
Hotel Chocolat Group plc manufactures, sells, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, including gift, and rare and vintage chocolates, as well as related drinks, alcohols, and beauty products.
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