Bakkavor Group (LON:BAKK) Hits New 1-Year High at $119.50

Bakkavor Group plc (LON:BAKK)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 119.50 ($1.48) and last traded at GBX 119.50 ($1.48), with a volume of 141546 shares. The stock had previously closed at GBX 118 ($1.46).

Bakkavor Group Stock Performance

The stock has a market capitalization of £675.46 million, a P/E ratio of 1,305.56, a P/E/G ratio of 0.61 and a beta of 0.63. The stock has a 50 day simple moving average of GBX 105.14 and a two-hundred day simple moving average of GBX 94.10. 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 firm also recently announced a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 4.37 ($0.05) per share. This is an increase from Bakkavor Group’s previous dividend of $2.91. This represents a dividend yield of 4.41%. The ex-dividend date is Thursday, April 25th. Bakkavor Group’s payout ratio is currently 7,777.78%.

Bakkavor Group Company Profile

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.