Hill & Smith (LON:HILS) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Hill & Smith PLC (LON:HILSGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,025.26 ($26.26) and traded as high as GBX 2,055 ($26.65). Hill & Smith shares last traded at GBX 2,030 ($26.33), with a volume of 263,651 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HILS shares. Berenberg Bank reissued a “buy” rating and issued a GBX 2,350 ($30.48) target price on shares of Hill & Smith in a research report on Thursday, August 8th. Shore Capital reissued a “buy” rating on shares of Hill & Smith in a research report on Thursday, September 19th.

Get Our Latest Analysis on Hill & Smith

Hill & Smith Stock Down 1.9 %

The stock has a market capitalization of £1.63 billion, a price-to-earnings ratio of 2,164.89 and a beta of 1.31. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.19 and a quick ratio of 0.92. The business has a fifty day moving average of GBX 2,037.99 and a 200 day moving average of GBX 2,026.63.

Hill & Smith Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Thursday, November 28th will be issued a GBX 16.50 ($0.21) dividend. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, November 28th. Hill & Smith’s payout ratio is currently 4,787.23%.

Insiders Place Their Bets

In other Hill & Smith news, insider Rutger Helbing acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average cost of GBX 2,039 ($26.44) per share, with a total value of £203,900 ($264,427.44). 1.88% of the stock is currently owned by company insiders.

Hill & Smith Company Profile

(Get Free Report)

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.

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