High Liner Foods Inc (TSE:HLF - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.70 and traded as high as C$15.75. High Liner Foods shares last traded at C$15.65, with a volume of 8,608 shares.
Analysts Set New Price Targets
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 report on Thursday, December 19th.
Read Our Latest Stock Report on High Liner Foods
High Liner Foods Trading Up 1.7 %
The firm has a 50 day simple moving average of C$14.60 and a 200 day simple moving average of C$13.71. The firm has a market capitalization of C$476.49 million, a PE ratio of 8.25 and a beta of 0.89. 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 Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, November 29th. 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 4.27%. High Liner Foods's dividend payout ratio (DPR) 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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