HF Foods Group (NASDAQ:HFFG) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS

HF Foods Group (NASDAQ:HFFG) released its earnings results on Thursday. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02, Zacks reports. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%.

HF Foods Group Trading Down 2.3 %

Shares of HFFG traded down $0.04 during mid-day trading on Thursday, hitting $1.70. The company had a trading volume of 73,201 shares, compared to its average volume of 58,426. HF Foods Group has a 1-year low of $1.70 and a 1-year high of $4.13. The business’s 50-day simple moving average is $2.52 and its 200-day simple moving average is $3.13. The stock has a market cap of $89.64 million, a PE ratio of -56.67 and a beta of 1.61. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.

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.