High Liner Foods (TSE:HLF) Hits New 12-Month High – Still a Buy?

High Liner Foods Inc (TSE:HLF) shares reached a new 52-week high during trading on Thursday . The stock traded as high as C$16.33 and last traded at C$16.24, with a volume of 14366 shares changing hands. The stock had previously closed at C$16.14.

Analyst Upgrades and Downgrades

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

High Liner Foods Stock Down 1.7 %

The business has a 50-day moving average price of C$15.72 and a 200 day moving average price of C$14.39. 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 market capitalization of C$335.13 million, a P/E ratio of 5.68 and a beta of 0.89.

High Liner Foods Company Profile

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.