Bakkavor Group (LON:BAKK) Issues Quarterly Earnings Results

Bakkavor Group (LON:BAKK - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 9.60 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Bakkavor Group had a net margin of 2.86% and a return on equity of 10.43%.

Bakkavor Group Price Performance

Shares of Bakkavor Group stock traded up GBX 1.50 ($0.02) during mid-day trading on Friday, reaching GBX 152.50 ($1.97). 11,250,620 shares of the stock traded hands, compared to its average volume of 502,669. The stock has a market capitalization of £891.30 million, a PE ratio of 13.89, a PEG ratio of 0.61 and a beta of 0.63. The business has a 50-day moving average of GBX 142.17 and a 200 day moving average of GBX 146.89. Bakkavor Group has a fifty-two week low of GBX 96.20 ($1.24) and a fifty-two week high of GBX 165 ($2.13). The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 53.92.

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.