High Liner Foods (TSE:HLF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

High Liner Foods Inc (TSE:HLF)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$13.57 and traded as high as C$15.83. High Liner Foods shares last traded at C$15.68, with a volume of 26,493 shares trading hands.

High Liner Foods Price Performance

The company has a quick ratio of 0.38, a current ratio of 2.88 and a debt-to-equity ratio of 61.80. The company has a market capitalization of C$469.30 million, a price-to-earnings ratio of 8.12 and a beta of 0.89. The stock’s 50-day simple moving average is C$14.18 and its two-hundred day simple moving average is C$13.57.

High Liner Foods Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Sunday, December 1st were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from High Liner Foods’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 4.34%. High Liner Foods’s dividend payout ratio (DPR) is currently 31.09%.

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.