HelloFresh (OTCMKTS:HLFFF) Stock Price Down 13.4% – What’s Next?

HelloFresh SE (OTCMKTS:HLFFFGet Free Report)’s share price traded down 13.4% during trading on Thursday . The company traded as low as $6.89 and last traded at $6.89. 2,772 shares changed hands during trading, a decline of 72% from the average session volume of 9,873 shares. The stock had previously closed at $7.96.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded HelloFresh from a “neutral” rating to a “buy” rating in a research note on Thursday, October 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, HelloFresh presently has a consensus rating of “Buy”.

View Our Latest Analysis on HLFFF

HelloFresh Stock Performance

The company’s 50 day moving average price is $8.65 and its 200-day moving average price is $9.76.

About HelloFresh

(Get Free Report)

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.

Featured Stories

Receive News & Ratings for HelloFresh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HelloFresh and related companies with MarketBeat.com's FREE daily email newsletter.