HelloFresh SE (ETR:HFG – Get Free Report) shares dropped 18.4% during trading on Wednesday . The company traded as low as €8.20 ($8.91) and last traded at €8.20 ($8.91). Approximately 4,525,182 shares were traded during mid-day trading, an increase of 13,314% from the average daily volume of 33,734 shares. The stock had previously closed at €10.06 ($10.93).
HelloFresh Stock Down 18.4 %
The firm has a 50-day moving average price of €11.92 and a two-hundred day moving average price of €10.62. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -11.87, a price-to-earnings-growth ratio of 1.37 and a beta of 0.03. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.61 and a current ratio of 0.72.
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.
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