Bakkavor Group (LON:BAKK) Stock Price Up 1.1% - Should You Buy?

Key Points

• Bakkavor Group's stock rose 1.1% to GBX 236 ($3.18), although trading volume was significantly lower, at 127,684 shares—an 88% decrease from its average daily volume.
• The company's market cap stands at £1.38 billion with a price-to-earnings ratio of 21.49 and a PEG ratio of 0.61, indicating its valuation metrics in the market.
• Bakkavor Group is the leading provider of fresh prepared food in the UK, with a strong presence in the US and China, offering over 3,000 products in multiple food categories.

Bakkavor Group plc (LON:BAKK - ) rose 1.1% during trading on Tuesday . The company traded as high as GBX 236 ($3.18) and last traded at GBX 236 ($3.18). Approximately 127,684 shares changed hands during trading, a decline of 88% from the average daily volume of 1,102,514 shares. The stock had previously closed at GBX 233.50 ($3.15).

Bakkavor Group Stock Up 1.1%

The firm has a market cap of £1.38 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 0.61 and a beta of 0.63. The business's 50 day moving average price is GBX 225.62 and its 200 day moving average price is GBX 191.65. 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.

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