High Liner Foods Inc (TSE:HLF - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.10 and traded as high as C$15.79. High Liner Foods shares last traded at C$15.64, with a volume of 10,865 shares trading hands.
Analysts Set New Price Targets
Separately, BMO Capital Markets boosted their target price on shares of High Liner Foods from C$14.50 to C$16.40 in a research report on Thursday, December 19th.
View Our Latest Report on HLF
High Liner Foods Stock Performance
The firm has a market capitalization of C$476.78 million, a price-to-earnings ratio of 8.25 and a beta of 0.89. The company has a 50-day moving average of C$15.57 and a 200-day moving average of C$14.10. The company has a current ratio of 2.88, a quick ratio of 0.38 and a debt-to-equity ratio of 61.80.
High Liner Foods (TSE:HLF - Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported C$0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.38 by C($0.11). High Liner Foods had a return on equity of 12.18% and a net margin of 4.82%. During the same quarter in the prior year, the company earned $0.19 earnings per share. On average, equities research analysts forecast that High Liner Foods Inc will post 1.9858934 earnings per share for the current fiscal year.
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 given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.27%. This is a boost from High Liner Foods's previous quarterly dividend of $0.15. The ex-dividend date was Friday, November 29th. High Liner Foods's dividend payout ratio is presently 31.09%.
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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