Hill & Smith (LON:HILS) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Hill & Smith PLC (LON:HILS) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 2,731.53 and traded as high as GBX 3,290. Hill & Smith shares last traded at GBX 3,270, with a volume of 1,137,893 shares traded.

Analysts Set New Price Targets

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

Hill & Smith Trading Up 0.8%

The company’s 50-day moving average is GBX 2,989.74 and its 200 day moving average is GBX 2,731.53. The company has a current ratio of 2.04, a quick ratio of 0.92 and a debt-to-equity ratio of 41.04. The firm has a market cap of £2.55 billion, a PE ratio of 27.02 and a beta of 1.29.

Insider Buying and Selling at Hill & Smith

In other Hill & Smith news, insider Anthony (Tony) James Quinlan bought 1,352 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was acquired at an average price of GBX 2,943 per share, with a total value of £39,789.36. Also, insider Nick Anderson purchased 4,120 shares of the stock in a transaction dated Friday, August 14th. The shares were acquired at an average price of GBX 2,922 per share, for a total transaction of £120,386.40. Company insiders own 1.99% of the company’s stock.

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.