Bakkavor Group plc (LON:BAKK - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 164.50 ($2.14) and last traded at GBX 163.97 ($2.13), with a volume of 407690 shares trading hands. The stock had previously closed at GBX 155.51 ($2.02).
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Bakkavor Group from GBX 140 ($1.82) to GBX 170 ($2.21) and gave the company a "buy" rating in a report on Thursday, September 12th.
Check Out Our Latest Research Report on Bakkavor Group
Bakkavor Group Price Performance
The company has a fifty day simple moving average of GBX 155.60 and a two-hundred day simple moving average of GBX 143.24. The stock has a market capitalization of £951.39 million, a price-to-earnings ratio of 1,495.45, a PEG ratio of 0.61 and a beta of 0.63. The company has a debt-to-equity ratio of 53.92, a quick ratio of 0.43 and a current ratio of 0.62.
Bakkavor Group Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 2.08%. The ex-dividend date of this dividend was Thursday, September 12th. Bakkavor Group's dividend payout ratio (DPR) is presently 7,272.73%.
Bakkavor Group Company Profile
(
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Bakkavor Group plc, together with its subsidiaries, engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, desserts, dips, salads, soups, sauces, fresh cut salads, burritos, food-to-go products, sandwiches, wraps, and bakery products.
Further Reading
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