High Liner Foods Inc (TSE:HLF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$15.21 and traded as high as C$17.00. High Liner Foods shares last traded at C$16.74, with a volume of 12,854 shares.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets raised their price objective on shares of High Liner Foods from C$14.50 to C$16.40 in a report on Thursday, December 19th.
Check Out Our Latest Analysis on HLF
High Liner Foods Price Performance
The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. The stock has a market cap of C$350.85 million, a P/E ratio of 5.94 and a beta of 0.89. The company's 50 day moving average price is C$16.41 and its 200-day moving average price is C$15.24.
High Liner Foods Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 15th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 4.06%. The ex-dividend date was Wednesday, March 5th. High Liner Foods's payout ratio is presently 21.30%.
Insider Buying and Selling at High Liner Foods
In related news, insider High Liner Foods Incorporated sold 184,500 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total transaction of C$3,140,190.00. Corporate insiders own 44.28% of the company's stock.
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.
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