High Liner Foods Inc (TSE:HLF - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as C$18.93 and last traded at C$18.82, with a volume of 51128 shares traded. The stock had previously closed at C$17.25.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. BMO Capital Markets increased their target price on shares of High Liner Foods from C$19.00 to C$19.50 in a report on Thursday, May 22nd. Royal Bank of Canada raised High Liner Foods to a "hold" rating in a research note on Friday, May 23rd. Finally, Canaccord Genuity Group set a C$21.00 target price on shares of High Liner Foods and gave the company a "buy" rating in a research report on Thursday, May 22nd.
View Our Latest Stock Analysis on HLF
High Liner Foods Stock Up 8.7%
The company has a debt-to-equity ratio of 55.83, a quick ratio of 0.38 and a current ratio of 2.66. The stock has a market capitalization of C$392.98 million, a PE ratio of 6.66 and a beta of 0.89. The business has a 50 day moving average of C$17.13 and a two-hundred day moving average of C$16.30.
Insider Buying and Selling
In related news, insider High Liner Foods Incorporated sold 184,500 shares of the company's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total value of C$3,140,190.00. 44.28% of the stock is currently owned by company 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.
Further Reading
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