HF Foods Group (NASDAQ:HFFG) Stock Price Down 2.5%

HF Foods Group Inc. (NASDAQ:HFFG) shares were down 2.5% during trading on Tuesday . The stock traded as low as $2.96 and last traded at $2.99. Approximately 53,184 shares changed hands during trading, a decline of 2% from the average daily volume of 54,206 shares. The stock had previously closed at $3.06.

HF Foods Group Trading Down 3.1 %

The company has a debt-to-equity ratio of 0.42, a current ratio of 1.25 and a quick ratio of 0.51. The stock has a 50-day moving average price of $3.48 and a two-hundred day moving average price of $4.32. The stock has a market cap of $145.53 million, a PE ratio of -55.79 and a beta of 1.76.

HF Foods Group (NASDAQ:HFFG) last released its quarterly earnings results on Thursday, March 14th. The company reported $0.24 earnings per share for the quarter. The business had revenue of $280.87 million during the quarter. HF Foods Group had a positive return on equity of 6.68% and a negative net margin of 0.19%.

Hedge Funds Weigh In On HF Foods Group

Several institutional investors have recently bought and sold shares of HFFG. Russell Investments Group Ltd. raised its position in shares of HF Foods Group by 34.8% during the 4th quarter. Russell Investments Group Ltd. now owns 218,794 shares of the company’s stock valued at $1,168,000 after buying an additional 56,446 shares in the last quarter. SG Americas Securities LLC bought a new stake in HF Foods Group during the third quarter worth approximately $75,000. Finally, Bank of New York Mellon Corp raised its position in HF Foods Group by 4.7% during the third quarter. Bank of New York Mellon Corp now owns 122,185 shares of the company’s stock valued at $485,000 after purchasing an additional 5,488 shares during the period. Institutional investors own 24.02% of the company’s stock.

About HF Foods Group

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.