Bakkavor Group (LON:BAKK) Sets New 52-Week High - Still a Buy?

Bakkavor Group plc (LON:BAKK - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 239.38 ($3.23) and last traded at GBX 238 ($3.21), with a volume of 64449 shares changing hands. The stock had previously closed at GBX 222 ($3.00).

Bakkavor Group Price Performance

The firm has a market capitalization of £1.41 billion, a PE ratio of 21.93, 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. The business's 50 day moving average is GBX 215.83 and its two-hundred day moving average is GBX 179.07.

Bakkavor Group Company Profile

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.