HelloFresh (ETR:HFG) Shares Up 2.2% – Here’s Why

HelloFresh SE (ETR:HFG)’s stock price traded up 2.2% on Wednesday . The company traded as high as €7.98 ($8.67) and last traded at €7.94 ($8.63). 802,861 shares changed hands during mid-day trading, an increase of 2,280% from the average session volume of 33,734 shares. The stock had previously closed at €7.77 ($8.45).

HelloFresh Stock Up 2.2 %

The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -11.50, a price-to-earnings-growth ratio of 1.37 and a beta of 0.03. The firm has a 50 day simple moving average of €10.52 and a 200-day simple moving average of €10.71. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.72 and a quick ratio of 0.61.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.