Shares of High Liner Foods Inc (TSE:HLF - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$18.11 and last traded at C$18.14, with a volume of 38634 shares. The stock had previously closed at C$18.00.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Royal Bank of Canada raised shares of High Liner Foods to a "hold" rating in a research report on Friday, May 23rd. Canaccord Genuity Group set a C$21.00 price objective on High Liner Foods and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, BMO Capital Markets lifted their price objective on shares of High Liner Foods from C$19.00 to C$19.50 in a research note on Thursday, May 22nd.
Check Out Our Latest Stock Analysis on HLF
High Liner Foods Stock Up 0.6%
The company has a market capitalization of C$375.58 million, a P/E ratio of 6.36 and a beta of 0.89. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. The firm's 50 day moving average price is C$17.06 and its two-hundred day moving average price is C$16.18.
High Liner Foods Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 15th were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.68 annualized dividend and a yield of 3.79%. High Liner Foods's dividend payout ratio is 21.30%.
Insider Activity at High Liner Foods
In other news, insider High Liner Foods Incorporated sold 184,500 shares of High Liner Foods stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total transaction of C$3,140,190.00. 44.28% of the stock is currently owned by corporate insiders.
About High Liner Foods
(
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High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.
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