Hf Foods Group (NASDAQ:HFFG) Receives Sell (D) Rating from Weiss Ratings

Hf Foods Group (NASDAQ:HFFG)‘s stock had its “sell (d)” rating reaffirmed by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Hf Foods Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $7.00.

Hf Foods Group Stock Performance

HFFG opened at $2.63 on Wednesday. Hf Foods Group has a 12-month low of $1.70 and a 12-month high of $4.93. The stock has a market cap of $139.50 million, a price-to-earnings ratio of -2.89, a PEG ratio of 1.02 and a beta of 0.53. The business has a 50 day moving average of $3.16 and a 200-day moving average of $3.52. The company has a quick ratio of 0.44, a current ratio of 1.19 and a debt-to-equity ratio of 0.53.

Institutional Trading of Hf Foods Group

Hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in Hf Foods Group by 192.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company’s stock worth $40,000 after purchasing an additional 8,197 shares during the last quarter. Invesco Ltd. increased its stake in Hf Foods Group by 37.1% during the 2nd quarter. Invesco Ltd. now owns 16,070 shares of the company’s stock worth $51,000 after acquiring an additional 4,351 shares during the period. Choreo LLC bought a new position in Hf Foods Group during the 1st quarter worth $56,000. Intech Investment Management LLC bought a new position in Hf Foods Group during the 2nd quarter worth $61,000. Finally, Walleye Capital LLC bought a new position in Hf Foods Group during the 2nd quarter worth $61,000. 24.02% of the stock is owned by institutional investors and hedge funds.

Hf Foods Group Company Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.