HelloFresh (ETR:HFG) Stock Jumps 1.6% – Here’s What Happened

HelloFresh SE (ETR:HFG)’s share price shot up 1.6% during trading on Thursday. The stock traded as high as €2.71 and last traded at €2.70. 508,519 shares were traded during trading, an increase of 1,407% from the average daily volume of 33,734 shares. The stock had previously closed at €2.66.

HelloFresh Stock Performance

The company has a current ratio of 0.69, a quick ratio of 0.61 and a debt-to-equity ratio of 118.50. The stock has a market capitalization of $402.92 million, a price-to-earnings ratio of -3.31, a price-to-earnings-growth ratio of 1.37 and a beta of 0.35. The stock’s 50 day moving average is €3.07 and its two-hundred day moving average is €3.77.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom. The company operates under the HelloFresh brand; and owns the Chefs Plate, Good Chop, The Pets Table, EveryPlate, Factor, Green Chef, and YouFoodz brand names.