Hill & Smith (LON:HILS) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Hill & Smith PLC (LON:HILS) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,619.05 and traded as high as GBX 3,005. Hill & Smith shares last traded at GBX 2,900, with a volume of 123,270 shares traded.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,320 price target on shares of Hill & Smith in a report on Wednesday, August 12th. Finally, Berenberg Bank lifted their price target on shares of Hill & Smith from GBX 2,950 to GBX 3,180 and gave the company a “buy” rating in a research note on Monday, August 17th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,241.67.

Hill & Smith Stock Performance

The company has a 50-day moving average of GBX 2,927.47 and a 200-day moving average of GBX 2,623.07. The company has a market cap of £2.26 billion, a PE ratio of 28.48 and a beta of 1.28. The company has a quick ratio of 0.92, a current ratio of 2.04 and a debt-to-equity ratio of 41.04.

Insider Buying and Selling at Hill & Smith

In other news, insider Anthony (Tony) James Quinlan acquired 1,352 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were purchased at an average cost of GBX 2,943 per share, with a total value of £39,789.36. Also, insider Nick Anderson acquired 4,120 shares of the business’s stock in a transaction on Friday, August 14th. The shares were purchased at an average cost of GBX 2,922 per share, for a total transaction of £120,386.40. 2.01% of the stock is currently owned by company insiders.

Hill & Smith Company Profile

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.