Hill & Smith (LON:HILS) Stock Passes Above 200 Day Moving Average of $1,822.54

Shares of Hill & Smith PLC (LON:HILS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,822.54 ($22.69) and traded as high as GBX 1,914 ($23.83). Hill & Smith shares last traded at GBX 1,866 ($23.23), with a volume of 56,558 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 2,100 ($26.14) target price on shares of Hill & Smith in a report on Tuesday, March 12th.

Hill & Smith Stock Down 0.6 %

The stock has a market capitalization of £1.50 billion, a P/E ratio of 2,211.76 and a beta of 1.25. The company’s 50-day moving average price is GBX 1,883.04 and its 200 day moving average price is GBX 1,822.94. The company has a debt-to-equity ratio of 33.64, a quick ratio of 0.92 and a current ratio of 2.02.

Hill & Smith Increases Dividend

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

Insider Buying and Selling at Hill & Smith

In related news, insider Alan Giddins purchased 3,900 shares of Hill & Smith stock in a transaction on Tuesday, March 12th. The shares were bought at an average cost of GBX 1,894 ($23.58) per share, for a total transaction of £73,866 ($91,953.19). 1.97% of the stock is currently owned by insiders.

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 Roads & Security; Utilities; and Galvanizing Services segments. 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 offres security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.