HelloFresh (ETR:HFG) Shares Down 0.7% – Here’s Why

HelloFresh SE (ETR:HFG)’s share price dropped 0.7% on Wednesday . The stock traded as low as €3.88 and last traded at €3.88. Approximately 1,098,560 shares traded hands during trading, an increase of 3,157% from the average daily volume of 33,734 shares. The stock had previously closed at €3.91.

HelloFresh Trading Down 0.7%

The firm has a market capitalization of $684.18 million, a PE ratio of -5.62, a PEG ratio of 1.37 and a beta of 0.16. The firm’s fifty day moving average is €4.78 and its two-hundred day moving average is €5.78. The company has a debt-to-equity ratio of 105.32, a current ratio of 0.78 and a quick ratio of 0.61.

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.