Hyve Group’s (HYVE) Add Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their add rating on shares of Hyve Group (LON:HYVE) in a report released on Monday morning, Digital Look reports. The brokerage currently has a GBX 110 ($1.45) price target on the stock.

LON HYVE opened at GBX 103.60 ($1.36) on Monday. Hyve Group has a 12 month low of GBX 73 ($0.96) and a 12 month high of GBX 108 ($1.42). The company’s 50-day moving average is GBX 98.99. The company has a debt-to-equity ratio of 44.28, a quick ratio of 0.51 and a current ratio of 0.67. The firm has a market cap of $768.32 million and a P/E ratio of -115.11.

The business also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 1.60 ($0.02) per share. This represents a dividend yield of 1.97%. The ex-dividend date is Thursday, January 2nd. Hyve Group’s dividend payout ratio is currently -2.22%.

About Hyve Group

Hyve Group Plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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