HF Foods Group (NASDAQ:HFFG) Shares Down 2.5%

HF Foods Group Inc. (NASDAQ:HFFG)’s stock price dropped 2.5% on Tuesday . The stock traded as low as $2.96 and last traded at $2.99. Approximately 53,184 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 54,206 shares. The stock had previously closed at $3.06.

HF Foods Group Stock Down 3.1 %

The firm’s fifty day simple moving average is $3.48 and its two-hundred day simple moving average is $4.32. The company has a market capitalization of $145.53 million, a price-to-earnings ratio of -55.79 and a beta of 1.76. The company has a current ratio of 1.25, a quick ratio of 0.51 and a debt-to-equity ratio of 0.42.

HF Foods Group (NASDAQ:HFFG) last issued its quarterly earnings data on Thursday, March 14th. The company reported $0.24 earnings per share for the quarter. HF Foods Group had a positive return on equity of 6.68% and a negative net margin of 0.19%. The company had revenue of $280.87 million during the quarter.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new stake in shares of HF Foods Group during the third quarter valued at about $75,000. Bank of New York Mellon Corp boosted its position in shares of HF Foods Group by 4.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 122,185 shares of the company’s stock worth $485,000 after purchasing an additional 5,488 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in HF Foods Group by 34.8% in the 4th quarter. Russell Investments Group Ltd. now owns 218,794 shares of the company’s stock valued at $1,168,000 after purchasing an additional 56,446 shares during the last quarter. Institutional investors and hedge funds own 24.02% of the company’s stock.

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.