Hill & Smith (LON:HILS) Shares Down 1.2%

Hill & Smith Holdings PLC (LON:HILS) traded down 1.2% during mid-day trading on Monday . The stock traded as low as GBX 1,194 ($15.60) and last traded at GBX 1,200 ($15.68). 90,302 shares traded hands during trading, a decline of 30% from the average session volume of 129,227 shares. The stock had previously closed at GBX 1,215 ($15.88).

HILS has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,140 ($14.90) price objective on shares of Hill & Smith in a research report on Friday, March 15th. Peel Hunt reiterated a “buy” rating on shares of Hill & Smith in a research report on Wednesday, April 24th. Finally, HSBC increased their price objective on Hill & Smith from GBX 1,400 ($18.29) to GBX 1,450 ($18.95) and gave the stock a “buy” rating in a research report on Thursday, March 7th.

The company has a current ratio of 2.08, a quick ratio of 1.29 and a debt-to-equity ratio of 57.91. The firm has a market cap of $948.61 million and a P/E ratio of 20.24. The company has a 50-day simple moving average of GBX 1,245.66.

In related news, insider Mark Pegler sold 4,215 shares of the stock in a transaction on Friday, April 5th. The stock was sold at an average price of GBX 1,264 ($16.52), for a total value of £53,277.60 ($69,616.62). Also, insider Derek W. Muir sold 7,000 shares of the stock in a transaction on Friday, March 29th. The stock was sold at an average price of GBX 1,238 ($16.18), for a total value of £86,660 ($113,236.64).

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About Hill & Smith (LON:HILS)

Hill & Smith Holdings PLC designs, manufactures, and supplies infrastructure products; and provides galvanizing services. The company operates in three segments: Infrastructure Products – Utilities; Infrastructure Products – Roads; and Galvanizing Services segments. The Infrastructure Products – Utilities segment provides industrial floorings, plastic drainage pipes, security fencing, industrial platforms and flooring, glass reinforced composite railway platforms, flood prevention barriers, plastic drainage pipes, energy grid components, pipe supports, and steel and composite products for a range of infrastructure markets, including energy creation and distribution, rail, water, and house building.

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