High Liner Foods (TSE:HLF - Free Report) had its price target boosted by BMO Capital Markets from C$14.50 to C$16.40 in a report published on Thursday,BayStreet.CA reports.
High Liner Foods Stock Performance
HLF traded up C$0.32 during trading hours on Thursday, hitting C$15.62. The stock had a trading volume of 1,089,772 shares, compared to its average volume of 25,412. The stock has a market cap of C$467.51 million, a PE ratio of 8.09 and a beta of 0.89. High Liner Foods has a 1 year low of C$10.67 and a 1 year high of C$16.23. The company has a quick ratio of 0.38, a current ratio of 2.88 and a debt-to-equity ratio of 61.80. The company's fifty day simple moving average is C$14.35 and its 200 day simple moving average is C$13.61.
High Liner Foods Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st were issued a $0.17 dividend. This is a positive change from High Liner Foods's previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend was Friday, November 29th. High Liner Foods's dividend payout ratio (DPR) is presently 31.09%.
About High Liner Foods
(
Get Free Report)
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
Before you consider High Liner Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and High Liner Foods wasn't on the list.
While High Liner Foods currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
