Hotel Chocolat Group (LON:HOTC) Shares Up 0.7%

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.

About Hotel Chocolat Group (LON:HOTC)

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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