High Liner Foods Inc (TSE:HLF)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$10.46 and last traded at C$10.37, with a volume of 148467 shares traded. The stock had previously closed at C$10.00.
Separately, Royal Bank of Canada lifted their price objective on WestJet Airlines from C$20.00 to C$31.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 15th.
The business has a 50 day simple moving average of C$8.84. The company has a current ratio of 2.26, a quick ratio of 0.78 and a debt-to-equity ratio of 134.21. The firm has a market capitalization of $333.83 million and a P/E ratio of 16.64.
High Liner Foods (TSE:HLF) last posted its earnings results on Tuesday, May 14th. The company reported C$0.58 earnings per share (EPS) for the quarter. The business had revenue of C$368.85 million for the quarter, compared to analyst estimates of C$388.08 million. Analysts predict that High Liner Foods Inc will post 0.66 EPS for the current fiscal year.
In other High Liner Foods news, Director Matthew Roy Hennigar sold 4,250 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of C$8.93, for a total transaction of C$37,952.50. Following the completion of the sale, the director now owns 200 shares of the company’s stock, valued at C$1,786.
About High Liner Foods (TSE:HLF)
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.
Read More: Discount Rate
Receive News & Ratings for High Liner Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Liner Foods and related companies with MarketBeat.com's FREE daily email newsletter.