HelloFresh (ETR:HFG) Shares Down 2% – Here’s What Happened

Shares of HelloFresh SE (ETR:HFG) dropped 2% during mid-day trading on Wednesday . The stock traded as low as €5.00 and last traded at €5.00. Approximately 652,892 shares traded hands during trading, an increase of 1,835% from the average daily volume of 33,734 shares. The stock had previously closed at €5.10.

HelloFresh Price Performance

The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 5.53. The firm has a 50 day moving average of €5.72 and a two-hundred day moving average of €6.70. The company has a market cap of $881.49 million, a PE ratio of -7.24, a P/E/G ratio of 1.37 and a beta of 0.03.

About HelloFresh

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. The company operates under the HelloFresh brand; and owns the Chefs Plate, Good Chop, The Pets Table, EveryPlate, Factor, Green Chef, and YouFoodz brand names.