Bakkavor Group (LON:BAKK) Reaches New 1-Year High at $115.00

Bakkavor Group plc (LON:BAKK) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 115 ($1.44) and last traded at GBX 114.05 ($1.43), with a volume of 28068 shares changing hands. The stock had previously closed at GBX 111.50 ($1.40).

Bakkavor Group Stock Up 2.3 %

The company has a market cap of £655.66 million, a PE ratio of 1,238.89, a P/E/G ratio of 0.61 and a beta of 0.63. The company has a quick ratio of 0.43, a current ratio of 0.56 and a debt-to-equity ratio of 58.69. The firm’s fifty day simple moving average is GBX 99.60 and its 200-day simple moving average is GBX 92.12.

Bakkavor Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Thursday, April 25th will be issued a GBX 4.37 ($0.05) dividend. This represents a dividend yield of 4.41%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Bakkavor Group’s previous dividend of $2.91. Bakkavor Group’s dividend payout ratio is 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.