Hf Foods Group (NASDAQ:HFFG) Trading Down 2.8% - What's Next?

Hf Foods Group Inc. (NASDAQ:HFFG - Get Free Report) dropped 2.8% on Tuesday . The company traded as low as $2.06 and last traded at $2.11. Approximately 268,082 shares traded hands during trading, an increase of 34% from the average daily volume of 199,893 shares. The stock had previously closed at $2.17.Get Hf Foods Group alerts:Analysts Set New Price TargetsHFFG has been the topic of a number of recent research reports. Wall Street Zen lowered Hf Foods Group from a "buy" rating to a "hold" rating in a research note on Saturday, March 21st. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Hf Foods Group in a report on Monday, December 29th. Finally, Roth Mkm dropped their price objective on Hf Foods Group from $7.00 to $6.00 and set a "buy" rating on the stock in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Hf Foods Group currently has a consensus rating of "Hold" and a consensus target price of $6.00.View Our Latest Research Report on Hf Foods GroupHf Foods Group Price PerformanceThe business's fifty day simple moving average is $1.84 and its 200-day simple moving average is $2.17. The company has a current ratio of 1.18, a quick ratio of 0.53 and a debt-to-equity ratio of 0.61. The firm has a market cap of $111.92 million, a P/E ratio of -2.89, a PEG ratio of 0.59 and a beta of 0.48. Hf Foods Group (NASDAQ:HFFG - Get Free Report) last issued its earnings results on Monday, March 16th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.05). The business had revenue of $308.02 million for the quarter, compared to the consensus estimate of $308.37 million. Hf Foods Group had a negative net margin of 3.16% and a positive return on equity of 6.83%. As a group, analysts forecast that Hf Foods Group Inc. will post 0.22 EPS for the current fiscal year. Hedge Funds Weigh In On Hf Foods GroupInstitutional investors have recently modified their holdings of the company. Abel Hall LLC bought a new stake in Hf Foods Group in the 4th quarter worth $26,000. Virtu Financial LLC purchased a new stake in Hf Foods Group in the 3rd quarter worth approximately $39,000. HRT Financial LP purchased a new stake in Hf Foods Group in the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC grew its position in shares of Hf Foods Group by 192.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company's stock worth $40,000 after buying an additional 8,197 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Hf Foods Group by 37.1% in the 2nd quarter. Invesco Ltd. now owns 16,070 shares of the company's stock worth $51,000 after acquiring an additional 4,351 shares in the last quarter. 24.02% of the stock is currently owned by institutional investors. Hf Foods Group Company Profile (Get Free Report)HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value‐added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in‐house manufacturing, procurement of specialty ingredients, and third‐party distribution partnerships. The company's product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf‐stable salsas, sauces, dips, spreads and snack items.Read MoreFive stocks we like better than Hf Foods GroupThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hf Foods Group Right Now?Before you consider Hf Foods Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hf Foods Group wasn't on the list.While Hf Foods Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here