Hf Foods Group (NASDAQ:HFFG) Rating Increased to Strong-Buy at Wall Street Zen

Hf Foods Group (NASDAQ:HFFG) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Hf Foods Group Stock Down 3.0%

Shares of NASDAQ:HFFG opened at $3.22 on Friday. The firm has a market capitalization of $177.13 million, a P/E ratio of -3.54, a P/E/G ratio of 1.32 and a beta of 0.63. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.44 and a current ratio of 1.19. The stock has a 50 day moving average price of $3.19 and a 200-day moving average price of $3.42. Hf Foods Group has a 52-week low of $1.70 and a 52-week high of $4.93.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. ProShare Advisors LLC purchased a new position in Hf Foods Group during the 4th quarter valued at about $36,000. Tower Research Capital LLC TRC grew its holdings in Hf Foods Group by 192.7% in the second quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company’s stock worth $40,000 after purchasing an additional 8,197 shares during the period. Invesco Ltd. increased its stake in shares of Hf Foods Group by 37.1% during the second quarter. Invesco Ltd. now owns 16,070 shares of the company’s stock valued at $51,000 after purchasing an additional 4,351 shares in the last quarter. Choreo LLC purchased a new position in shares of Hf Foods Group during the first quarter valued at approximately $56,000. Finally, Intech Investment Management LLC bought a new stake in shares of Hf Foods Group in the 2nd quarter worth approximately $61,000. 24.02% of the stock is currently owned by institutional investors.

Hf Foods Group Company Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.