High Liner Foods (TSE:HLF) Shares Pass Above 200 Day Moving Average of $13.75

High Liner Foods Inc (TSE:HLF – Get Rating) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.75 and traded as high as C$14.56. High Liner Foods shares last traded at C$14.46, with a volume of 21,405 shares.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised their price objective on High Liner Foods from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Friday, February 24th.

High Liner Foods Stock Down 0.7 %

The company has a debt-to-equity ratio of 101.95, a current ratio of 1.74 and a quick ratio of 0.38. The company has a market capitalization of C$479.78 million, a P/E ratio of 6.43 and a beta of 0.61. The stock has a 50-day moving average price of C$14.49 and a 200-day moving average price of C$13.75.

High Liner Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Thursday, March 2nd were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, March 1st. This represents a $0.52 annualized dividend and a yield of 3.60%. High Liner Foods’s dividend payout ratio is currently 23.11%.

High Liner Foods Company Profile

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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.