Hill International Inc. (HIL) Trading Down 2%
Hill International Inc. (NYSE:HIL) dropped 2% during trading on Friday . The stock traded as low as $4.33 and last traded at $4.35, with a volume of 54,964 shares. The stock had previously closed at $4.44.
HIL has been the subject of several research reports. Zacks Investment Research downgraded shares of Hill International from a “hold” rating to a “sell” rating in a research note on Wednesday, March 30th. Seaport Global Securities upgraded shares of Hill International from a “speculative buy” rating to a “buy” rating in a research note on Tuesday, March 29th.
The company has a market capitalization of $224.96 million and a price-to-earnings ratio of 29.00. The company has a 50 day moving average of $4.29 and a 200-day moving average of $3.74.
Hill International (NYSE:HIL) last announced its earnings results on Wednesday, May 11th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.03. The company had revenue of $176.20 million for the quarter, compared to analysts’ expectations of $163.47 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. Analysts predict that Hill International Inc. will post $0.31 EPS for the current fiscal year.
In other Hill International news, Chairman Irvin E. Richter sold 7,112 shares of the stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $4.06, for a total value of $28,874.72. Following the sale, the chairman now directly owns 4,830,380 shares of the company’s stock, valued at approximately $19,611,342.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman Irvin E. Richter sold 28,224 shares of the stock in a transaction that occurred on Wednesday, July 6th. The shares were sold at an average price of $4.15, for a total transaction of $117,129.60. Following the completion of the sale, the chairman now directly owns 4,830,380 shares in the company, valued at $20,046,077. The disclosure for this sale can be found here.
Hill International, Inc (Hill) is a professional services firm. The Company provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. The Company operates in two segments: Project Management Group and Construction Claims Group.
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