Bakkavor Group (LON:BAKK) Trading Down 0.4% – What’s Next?

Bakkavor Group plc (LON:BAKK) shares were down 0.4% during trading on Wednesday . The stock traded as low as GBX 214.50 and last traded at GBX 225. Approximately 112,703 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 1,077,149 shares. The stock had previously closed at GBX 226.

Bakkavor Group Stock Performance

The firm has a market capitalization of £1.33 billion, a P/E ratio of 36.43, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The stock has a 50-day moving average of GBX 219.56 and a 200 day moving average of GBX 220.73. 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 (LON:BAKK) last released its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 6.40 earnings per share for the quarter. Bakkavor Group had a return on equity of 10.43% and a net margin of 2.86%. On average, research analysts anticipate that Bakkavor Group plc will post 11.5761689 earnings per share for the current year.

About Bakkavor Group

We are the leading provider of fresh prepared food in the UK, and our presence in the US positions the Group well in this high-growth market. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 14,900 colleagues operate from 31 sites in our two markets supplying a portfolio of c.2,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US.