Bakkavor Group plc (LON:BAKK - Get Free Report) shares traded up 3% during mid-day trading on Wednesday . The stock traded as high as GBX 156 ($2.04) and last traded at GBX 156 ($2.04). 146,328 shares were traded during trading, a decline of 57% from the average session volume of 340,180 shares. The stock had previously closed at GBX 151.50 ($1.98).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft raised their price target on Bakkavor Group from GBX 140 ($1.83) to GBX 170 ($2.22) and gave the stock a "buy" rating in a research report on Thursday, September 12th.
View Our Latest Analysis on BAKK
Bakkavor Group Trading Up 3.0 %
The stock has a market capitalization of £902.23 million, a P/E ratio of 1,418.18, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The stock has a 50-day moving average price of GBX 154.44 and a two-hundred day moving average price of GBX 140.34. 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 firm also recently disclosed a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 12th will be given a GBX 3.20 ($0.04) dividend. The ex-dividend date is Thursday, September 12th. This represents a dividend yield of 2.08%. Bakkavor Group's dividend payout ratio is currently 7,272.73%.
About Bakkavor Group
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Bakkavor Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bakkavor Group wasn't on the list.
While Bakkavor Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
