Bakkavor Group (LON:BAKK) Reaches New 12-Month High at $128.50

Bakkavor Group plc (LON:BAKK)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 128.50 ($1.63) and last traded at GBX 127.86 ($1.63), with a volume of 565299 shares changing hands. The stock had previously closed at GBX 127 ($1.61).

Bakkavor Group Price Performance

The company has a market capitalization of £744.42 million, a P/E ratio of 1,444.44, 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 business’s fifty day moving average price is GBX 114.90 and its 200-day moving average price is GBX 98.42.

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 given a dividend of GBX 4.37 ($0.06) per share. The ex-dividend date is Thursday, April 25th. This is a positive change from Bakkavor Group’s previous dividend of $2.91. This represents a dividend yield of 4.41%. 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.