Bakkavor Group (LON:BAKK) Releases Quarterly Earnings Results

Bakkavor Group (LON:BAKK) announced its quarterly earnings data on Tuesday. The company reported GBX 9.60 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Bakkavor Group had a net margin of 2.86% and a return on equity of 10.43%.

Bakkavor Group Price Performance

Shares of BAKK stock traded up GBX 0.50 ($0.01) during trading hours on Thursday, reaching GBX 151 ($1.95). 406,129 shares of the company were exchanged, compared to its average volume of 273,070. The company has a debt-to-equity ratio of 53.92, a current ratio of 0.62 and a quick ratio of 0.43. The company has a market cap of £882.53 million, a price-to-earnings ratio of 13.75, a P/E/G ratio of 0.61 and a beta of 0.63. The stock’s fifty day moving average is GBX 142.14 and its two-hundred day moving average is GBX 146.86. Bakkavor Group has a fifty-two week low of GBX 96.20 ($1.24) and a fifty-two week high of GBX 165 ($2.13).

Bakkavor Group Company Profile

We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.