Bakkavor Group (LON:BAKK) Sets New 1-Year High at $124.00

Bakkavor Group plc (LON:BAKK)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 124 ($1.56) and last traded at GBX 121 ($1.52), with a volume of 107300 shares. The stock had previously closed at GBX 120 ($1.51).

Bakkavor Group Price Performance

The stock has a market cap of £692.71 million, a price-to-earnings ratio of 1,344.44, a P/E/G ratio of 0.61 and a beta of 0.64. The company has a current ratio of 0.56, a quick ratio of 0.43 and a debt-to-equity ratio of 58.69. The company’s fifty day moving average is GBX 109.73 and its two-hundred day moving average is GBX 95.78.

Bakkavor Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 25th will be paid a GBX 4.37 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from Bakkavor Group’s previous dividend of $2.91. This represents a dividend yield of 4.41%. 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.