Maple Leaf Foods Inc. (TSE:MFI - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$22.56 and traded as low as C$20.38. Maple Leaf Foods shares last traded at C$20.45, with a volume of 170,468 shares traded.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on MFI. National Bankshares cut their price target on Maple Leaf Foods from C$28.00 to C$26.00 in a research note on Thursday, November 14th. TD Securities cut their price objective on Maple Leaf Foods from C$35.00 to C$34.00 and set a "buy" rating for the company in a research report on Thursday, November 14th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Maple Leaf Foods currently has an average rating of "Buy" and a consensus price target of C$29.93.
Get Our Latest Report on MFI
Maple Leaf Foods Trading Down 1.0 %
The company has a current ratio of 1.32, a quick ratio of 0.54 and a debt-to-equity ratio of 132.03. The firm has a market capitalization of C$2.49 billion, a price-to-earnings ratio of 225.00, a PEG ratio of 18.07 and a beta of 0.47. The company has a fifty day moving average price of C$21.78 and a two-hundred day moving average price of C$22.56.
Maple Leaf Foods Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend was Friday, December 6th. Maple Leaf Foods's dividend payout ratio is currently 977.78%.
Insider Transactions at Maple Leaf Foods
In related news, Director Linda Mantia acquired 4,498 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of C$22.23 per share, with a total value of C$99,990.54. Insiders own 39.87% of the company's stock.
About Maple Leaf Foods
(
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Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.
Further Reading
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