Hill & Smith (LON:HILS) Hits New 12-Month High – Here’s What Happened

Hill & Smith PLC (LON:HILS) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,975 and last traded at GBX 2,970, with a volume of 1996577 shares. The stock had previously closed at GBX 2,935.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised Hill & Smith to a “buy” rating and upped their price target for the company from GBX 2,760 to GBX 3,250 in a research note on Thursday, May 28th. Three 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 company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Hill & Smith Trading Up 0.7%

The company has a market cap of £2.33 billion, a PE ratio of 29.28 and a beta of 1.29. The company’s 50 day simple moving average is GBX 2,756.41 and its two-hundred day simple moving average is GBX 2,448.59. The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92.

Insider Buying and Selling

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