High Liner Foods (TSE:HLF) Reaches New 12-Month High – What’s Next?

Shares of High Liner Foods Inc (TSE:HLFGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as C$16.89 and last traded at C$16.72, with a volume of 14525 shares. The stock had previously closed at C$16.53.

Analysts Set New Price Targets

Separately, BMO Capital Markets boosted their target price on High Liner Foods from C$14.50 to C$16.40 in a report on Thursday, December 19th.

Get Our Latest Stock Report on HLF

High Liner Foods Price Performance

The company has a debt-to-equity ratio of 55.83, a quick ratio of 0.38 and a current ratio of 2.66. The firm has a market capitalization of C$346.45 million, a price-to-earnings ratio of 5.87 and a beta of 0.89. The business has a fifty day moving average of C$15.93 and a two-hundred day moving average of C$14.79.

High Liner Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Saturday, March 15th were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.68 annualized dividend and a dividend yield of 4.11%. High Liner Foods’s dividend payout ratio is currently 21.30%.

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.

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