On Monday, ) shares soared 3.8%. The stock was traded up to $3.85, and closed at $3.85. The average session volume is 48,590. This means that 73,128 share were traded at midday. That's a 51% increase. Stock had closed previously at $3.71.
HF Foods Group Trades Up 5.6 %
The company has a market capitalization of $226.10 millions, a P/E of -24.69, and a beta value of 1.59. The fifty-day moving average is $3.77, and the two hundred day moving is $4.04. The company announced its latest earnings on Thursday, 16th March. The company reported $0.01 earnings per share for the quarter. HF Foods Group reported a return on equity positive of 0.24%, and a net margin negative of 0.72%. Revenue for the quarter was $291.90 millions.
Institutional Inflows & Outflows
Recent changes in institutional investor positions have been made. Bank of New York Mellon Corp grew its stake in HF Foods Group in the first quarter by 2.6%. Bank of New York Mellon Corp owns 157.429 shares of HF Foods Group valued at $1.049,000, after adding 3,916 more shares during the last quarter. Dimensional Fund Advisors LP has increased its holdings of shares of HF Foods Group in the first three months by 203.8%. Dimensional Fund Advisors LP owns 41 347 shares valued at $275,000, after buying an additional 27,737 in the last quarter. Charles Schwab Investment Management Inc. grew its holdings of HF Foods Group shares by 7.0% during the first quarter. Charles Schwab Investment Management Inc. owns 100 376 shares worth $669,000. This is after buying 6,570 additional shares during the last quarter. Renaissance Technologies LLC increased their holdings of HF Foods Group shares by 28.6% during the first quarter. Renaissance Technologies LLC owns now 21,600 shares worth $144,000, after buying an additional 4,800 in the last quarter. State Street Corp also increased its shares of HF Foods Group in the first quarter by 2.6%. State Street Corp owns 651,231 of the company’s stock, valued at $4.337,000. This is after buying 16,207 additional shares during the last quarter. Institutional investors own 14.1% of the company's stock.
HF Foods Group
HF Foods Group, Inc is engaged in marketing and distribution of frozen and dried food, non-food, and fresh produce to Asian and Chinese restaurant customers and other foodservice clients. The company was established in 1997, and its headquarters are in Las Vegas.
MarketBeat.com offers a FREE daily email newsletter