Bakkavor Group (LON:BAKK) Hits New 12-Month High at $124.00

Bakkavor Group plc (LON:BAKK)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 124 ($1.56) and last traded at GBX 119.38 ($1.50), with a volume of 22808 shares. The stock had previously closed at GBX 121 ($1.52).

Bakkavor Group Trading Up 1.3 %

The firm’s 50 day simple moving average is GBX 107.54 and its two-hundred day simple moving average is GBX 94.95. The stock has a market capitalization of £704.76 million, a P/E ratio of 1,344.44, a P/E/G ratio of 0.61 and a beta of 0.64. The company has a quick ratio of 0.43, a current ratio of 0.56 and a debt-to-equity ratio of 58.69.

Bakkavor Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be given a GBX 4.37 ($0.05) dividend. This represents a yield of 4.41%. This is a positive change from Bakkavor Group’s previous dividend of $2.91. The ex-dividend date of this dividend is Thursday, April 25th. Bakkavor Group’s payout ratio is presently 7,777.78%.

About Bakkavor Group

Bakkavor Group plc, together with its subsidiaries, engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, desserts, dips, salads, soups, sauces, fresh cut salads, burritos, food-to-go products, sandwiches, wraps, and bakery products.