Bakkavor Group (LON:BAKK) Reaches New 52-Week High at $110.00

Bakkavor Group plc (LON:BAKK) reached a new 52-week high on Tuesday . The company traded as high as GBX 110 ($1.38) and last traded at GBX 108.74 ($1.37), with a volume of 531905 shares changing hands. The stock had previously closed at GBX 108 ($1.36).

Bakkavor Group Stock Down 3.3 %

The firm has a market capitalization of £631.00 million, a price-to-earnings ratio of 1,219.62, a P/E/G ratio of 0.61 and a beta of 0.63. The stock has a fifty day moving average of GBX 99 and a two-hundred day moving average of GBX 91.93. The company has a debt-to-equity ratio of 58.69, a current ratio of 0.56 and a quick ratio of 0.43.

Bakkavor Group Increases Dividend

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