Hill & Smith (LON:HILS) Hits New 52-Week High at $2,045.00

Hill & Smith PLC (LON:HILS)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 2,045 ($25.99) and last traded at GBX 2,029.98 ($25.80), with a volume of 784 shares changing hands. The stock had previously closed at GBX 2,010 ($25.55).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,100 ($26.69) price objective on shares of Hill & Smith in a research report on Tuesday, March 12th.

Hill & Smith Stock Up 2.0 %

The company has a market capitalization of £1.60 billion, a PE ratio of 2,327.06 and a beta of 1.26. The firm’s 50-day simple moving average is GBX 1,924.80 and its 200 day simple moving average is GBX 1,869.08. 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 business also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 28 ($0.36) per share. This is a positive change from Hill & Smith’s previous dividend of $15.00. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, May 30th. Hill & Smith’s payout ratio is presently 5,058.82%.

Insiders Place Their Bets

In related news, insider Alan Giddins bought 3,900 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were bought at an average cost of GBX 1,894 ($24.07) per share, for a total transaction of £73,866 ($93,881.55). Insiders own 1.90% 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.