High Liner Foods Incorporated Sells 184,500 Shares of High Liner Foods Inc (TSE:HLF) Stock

High Liner Foods Inc (TSE:HLF) insider High Liner Foods Incorporated sold 184,500 shares of the company’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of C$17.02, for a total transaction of C$3,140,190.00.

High Liner Foods Price Performance

Shares of TSE HLF traded up C$0.03 during trading on Friday, reaching C$17.06. The company had a trading volume of 506 shares, compared to its average volume of 29,030. The stock has a market capitalization of C$357.56 million, a PE ratio of 6.06 and a beta of 0.89. High Liner Foods Inc has a twelve month low of C$12.25 and a twelve month high of C$17.50. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. The stock has a 50-day moving average price of C$16.09 and a two-hundred day moving average price of C$14.91.

High Liner Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 15th were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.68 annualized dividend and a yield of 3.99%. High Liner Foods’s dividend payout ratio (DPR) is presently 21.30%.

Analyst Ratings Changes

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

About High Liner Foods

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.