Hill International Inc. (HIL) Sees Large Volume Increase
Hill International Inc. (NYSE:HIL) saw unusually-high trading volume on Wednesday . Approximately 113,993 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 111,093 shares.The stock last traded at $4.39 and had previously closed at $4.25.
HIL has been the subject of several research analyst reports. Seaport Global Securities upgraded shares of Hill International from a “speculative buy” rating to a “buy” rating in a research report on Tuesday, March 29th. Zacks Investment Research upgraded shares of Hill International from a “sell” rating to a “hold” rating in a research report on Monday, May 30th.
The stock has a 50 day moving average price of $4.29 and a 200-day moving average price of $3.74. The company has a market capitalization of $224.44 million and a P/E ratio of 28.93.
Hill International (NYSE:HIL) last issued its quarterly earnings data on Wednesday, May 11th. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.03. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The firm had revenue of $176.20 million for the quarter, compared to the consensus estimate of $163.47 million. Hill International’s revenue for the quarter was up 12.0% on a year-over-year basis. Analysts expect that Hill International Inc. will post $0.31 earnings per share for the current year.
In other news, Chairman Irvin E. Richter sold 30,000 shares of the stock in a transaction dated Tuesday, May 3rd. The shares were sold at an average price of $4.18, for a total value of $125,400.00. Following the transaction, the chairman now directly owns 4,879,316 shares of the company’s stock, valued at $20,395,540.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Irvin E. Richter sold 7,112 shares of the stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $4.06, for a total transaction of $28,874.72. Following the completion of the transaction, the chairman now directly owns 4,830,380 shares in the company, valued at $19,611,342.80. 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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