High Liner Foods (TSE:HLF) Reaches New 52-Week High – What’s Next?

High Liner Foods Inc (TSE:HLF) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$17.34 and last traded at C$17.21, with a volume of 13339 shares. The stock had previously closed at C$16.96.

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 research report on Thursday, December 19th.

High Liner Foods Trading Up 0.3 %

The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. The stock’s 50 day moving average is C$15.99 and its two-hundred day moving average is C$14.83. The company has a market capitalization of C$356.51 million, a PE ratio of 6.04 and a beta of 0.89.

High Liner Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Saturday, March 15th were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.00%. High Liner Foods’s dividend payout ratio is presently 21.30%.

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.