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High Liner Foods (TSE:HLF) Hits New 12-Month High - Should You Buy?

High Liner Foods logo with Consumer Defensive background

High Liner Foods Inc (TSE:HLF - Get Free Report)'s share price hit a new 52-week high on Friday . The company traded as high as C$16.32 and last traded at C$16.07, with a volume of 18562 shares changing hands. The stock had previously closed at C$15.90.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their target price on High Liner Foods from C$14.50 to C$16.40 in a report on Thursday, December 19th.

Get Our Latest Research Report on HLF

High Liner Foods Stock Performance

The stock has a 50 day simple moving average of C$15.69 and a 200 day simple moving average of C$14.31. The company has a market cap of C$336.60 million, a price-to-earnings ratio of 5.70 and a beta of 0.89. The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83.

High Liner Foods Company Profile

(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.

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