High Liner Foods Inc (TSE:HLF - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.85 and traded as high as C$15.47. High Liner Foods shares last traded at C$15.30, with a volume of 11,823 shares.
Analyst Ratings Changes
Separately, Royal Bank Of Canada reduced their price target on shares of High Liner Foods from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$16.70.
Check Out Our Latest Stock Report on High Liner Foods
High Liner Foods Price Performance
The business has a 50 day simple moving average of C$14.77 and a two-hundred day simple moving average of C$14.85. The firm has a market capitalization of C$429.58 million, a P/E ratio of 17.39 and a beta of 0.72. The company has a debt-to-equity ratio of 80.12, a quick ratio of 0.38 and a current ratio of 2.29.
High Liner Foods (TSE:HLF - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.63 earnings per share (EPS) for the quarter. High Liner Foods had a return on equity of 6.27% and a net margin of 2.31%.The firm had revenue of C$382.35 million during the quarter. During the same quarter last year, the business posted $0.28 EPS. On average, sell-side analysts expect that High Liner Foods Inc will post 1.9858934 EPS for the current fiscal year.
High Liner Foods Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were given a dividend of $0.175 per share. The ex-dividend date was Monday, June 1st. This represents a $0.70 annualized dividend and a yield of 4.6%. High Liner Foods's payout ratio is presently 57.23%.
High Liner Foods Company Profile
(
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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. They also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
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