High Liner Foods (TSE:HLF) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

High Liner Foods Inc (TSE:HLF - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.57 and traded as high as C$15.83. High Liner Foods shares last traded at C$15.68, with a volume of 26,493 shares.

High Liner Foods Trading Down 0.4 %

The company has a current ratio of 2.88, a quick ratio of 0.38 and a debt-to-equity ratio of 61.80. The stock has a market cap of C$467.51 million, a price-to-earnings ratio of 8.06 and a beta of 0.89. The company has a fifty day simple moving average of C$14.24 and a 200-day simple moving average of C$13.58.

High Liner Foods Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were paid a dividend of $0.17 per share. This is an increase from High Liner Foods's previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 4.35%. The ex-dividend date was Friday, November 29th. High Liner Foods's payout ratio is 31.09%.

About High Liner Foods

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.