Bakkavor Group (LON:BAKK) Hits New 12-Month High - Here's What Happened

Key Points

• Bakkavor Group plc reached a new 52-week high of GBX 250 ($3.34) on Tuesday, currently trading at GBX 241.50 ($3.23).
• The company has a market cap of £1.39 billion and a P/E ratio of 21.72, indicating relatively strong market performance and investor interest.
• Bakkavor operates in high-growth markets, supplying over 3,000 food products across the UK, US, and China, demonstrating its expansive market presence.

Bakkavor Group plc (LON:BAKK - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 250 ($3.30) and last traded at GBX 241.50 ($3.19), with a volume of 664443 shares trading hands. The stock had previously closed at GBX 241 ($3.18).

Bakkavor Group Stock Down 0.4%

The company's 50-day moving average price is GBX 218.92 and its 200 day moving average price is GBX 181.91. The stock has a market cap of £1.37 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The company has a debt-to-equity ratio of 53.92, a quick ratio of 0.43 and a current ratio of 0.62.

About Bakkavor Group

We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.