HelloFresh (ETR:HFG) Shares Down 3.3% – Here’s Why

HelloFresh SE (ETR:HFG) was down 3.3% during mid-day trading on Monday . The company traded as low as €8.87 ($9.64) and last traded at €8.92 ($9.69). Approximately 702,673 shares changed hands during mid-day trading, an increase of 1,983% from the average daily volume of 33,734 shares. The stock had previously closed at €9.22 ($10.02).

HelloFresh Stock Performance

The firm has a 50 day moving average of €7.63 and a 200-day moving average of €6.52. The company has a market cap of $1.54 billion, a P/E ratio of -15.27, a PEG ratio of 1.37 and a beta of 0.03. The company has a quick ratio of 0.61, a current ratio of 0.71 and a debt-to-equity ratio of 71.46.

HelloFresh Company Profile

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.