Hill & Smith (LON:HILS) Stock Passes Above 200-Day Moving Average of $1,830.56

Hill & Smith PLC (LON:HILS)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,830.56 ($22.61) and traded as high as GBX 1,914 ($23.64). Hill & Smith shares last traded at GBX 1,896 ($23.42), with a volume of 49,873 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,100 ($25.94) price objective on shares of Hill & Smith in a research report on Tuesday, March 12th.

Hill & Smith Trading Up 0.3 %

The firm has a market cap of £1.52 billion, a PE ratio of 2,237.65 and a beta of 1.25. The business has a 50-day moving average price of GBX 1,890.08 and a two-hundred day moving average price of GBX 1,832.31. The company has a debt-to-equity ratio of 33.64, a current ratio of 2.02 and a quick ratio of 0.92.

Hill & Smith Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 30th will be given a GBX 28 ($0.35) dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 1.51%. This is a boost from Hill & Smith’s previous dividend of $15.00. Hill & Smith’s dividend payout ratio (DPR) is currently 5,058.82%.

Insider Activity

In other news, insider Alan Giddins purchased 3,900 shares of the company’s stock in a transaction dated Tuesday, March 12th. The stock was acquired at an average price of GBX 1,894 ($23.39) per share, for a total transaction of £73,866 ($91,237.65). Company insiders own 1.97% of the company’s stock.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.