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High Liner Foods (TSE:HLF) Stock Passes Above 200-Day Moving Average - Here's What Happened

High Liner Foods logo with Consumer Defensive background

High Liner Foods Inc (TSE:HLF - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.30 and traded as high as C$16.32. High Liner Foods shares last traded at C$16.05, with a volume of 19,632 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their price target on shares of High Liner Foods from C$14.50 to C$16.40 in a research note on Thursday, December 19th.

Read Our Latest Research Report on HLF

High Liner Foods Price Performance

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

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

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