Hill & Smith (LON:HILS) Sets New 1-Year High – Here’s Why

Hill & Smith PLC (LON:HILS) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 3,220 and last traded at GBX 3,080, with a volume of 118432 shares changing hands. The stock had previously closed at GBX 3,085.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HILS shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,320 price target on shares of Hill & Smith in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 3,098.33.

Hill & Smith Price Performance

The company has a quick ratio of 0.92, a current ratio of 1.85 and a debt-to-equity ratio of 25.52. The firm has a market cap of £2.26 billion, a PE ratio of 28.49 and a beta of 1.28. The firm’s fifty day simple moving average is GBX 2,893.29 and its two-hundred day simple moving average is GBX 2,557.89.

Insider Buying and Selling at Hill & Smith

In other news, insider Nick Anderson bought 3,750 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Also, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. 2.01% of the stock is 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.