In May 2021, Hotel Chocolat Group received funding from UK Government and decided to repay coronavirus job retention. The company’s revenue for the eight-week period went up 19% compared to what it was in 2019. In June 2021, the company announced the acquisition of loss-making beauty products Joint Venture.
From an investor’s point of view, you need to pay attention to the rewards and risks of purchasing a share. Hotel Chocolate Group’s shares are at discounts at this moment, and the share price has been dropping. The technical indicators are also not providing a green signal. All Moving Averages are giving a strong selling verdict, while the oscillators are either pointing towards selling or being neutral. So, it does not look like a good time to purchase HOTC shares. What you need to do is keep observing the share prices, and if you notice an uptrend and buy signals from indicators, then you may go for it.