Hotel Chocolat Group (LON:HOTC) Trading 2.9% Higher

Hotel Chocolat Group PLC (LON:HOTC)’s share price shot up 2.9% on Thursday . The stock traded as high as GBX 461 ($6.06) and last traded at GBX 461 ($6.06), 19,575 shares were traded during trading. A decline of 73% from the average session volume of 71,442 shares. The stock had previously closed at GBX 448 ($5.89).

HOTC has been the subject of a number of research reports. Peel Hunt reiterated a “buy” rating and issued a GBX 410 ($5.39) price target (up previously from GBX 400 ($5.26)) on shares of Hotel Chocolat Group in a report on Thursday, January 23rd. Peel Hunt reissued a “buy” rating and issued a GBX 410 ($5.39) price objective on shares of Hotel Chocolat Group in a research note on Thursday, January 23rd. Finally, Liberum Capital downgraded Hotel Chocolat Group to a “hold” rating in a report on Thursday, January 23rd.

The firm has a market cap of $505.72 million and a P/E ratio of 46.05. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of GBX 465.51 and a 200-day moving average price of GBX 415.88.

In related news, insider Matthew Margereson sold 20,270 shares of Hotel Chocolat Group stock in a transaction dated Friday, November 29th. The stock was sold at an average price of GBX 420 ($5.52), for a total value of £85,134 ($111,988.95).

About Hotel Chocolat Group (LON:HOTC)

Hotel Chocolat Group plc manufactures, distributes, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, including self-purchase, gift and occasion, and rare and vintage chocolates, as well as drinking chocolates, cocoa-infused alcohols, and cocoa-based beauty products.

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