Hyve Group (LON:HYVE) Sets New 52-Week High at $158.20

Hyve Group Plc (LON:HYVE)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 158.20 ($2.07) and last traded at GBX 152.10 ($1.99), with a volume of 980026 shares changing hands. The stock had previously closed at GBX 147.50 ($1.93).

A number of equities research analysts recently commented on HYVE shares. Numis Securities restated a “buy” rating and set a GBX 160 ($2.09) price target on shares of Hyve Group in a research report on Tuesday, May 18th. Peel Hunt upgraded Hyve Group to an “add” rating and set a GBX 140 ($1.83) target price for the company in a research note on Tuesday, May 18th. Peel Hunt upgraded shares of Hyve Group to an “add” rating and set a GBX 140 ($1.83) price target on the stock in a research report on Tuesday, May 18th. Finally, Liberum Capital upgraded shares of Hyve Group to a “buy” rating and raised their price objective for the company from GBX 120 ($1.57) to GBX 140 ($1.83) in a research report on Monday, May 17th.

The business has a 50-day moving average price of GBX 125.04. The company has a debt-to-equity ratio of 92.93, a current ratio of 1.01 and a quick ratio of 0.83. The stock has a market cap of £375.95 million and a PE ratio of -3.22.

About Hyve Group (LON:HYVE)

Hyve Group Plc engages in the organization of trade exhibitions, conferences, and related activities. The company serves technology, beauty and healthcare, building and interior, education technology, energy, fashion, food and packaging, manufacturing industrial technology, retail, transport and logistic, travel and tourism, and other sectors.

Further Reading: Market Indexes

Receive News & Ratings for Hyve Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyve Group and related companies with MarketBeat.com's FREE daily email newsletter.