High Liner Foods (TSE:HLF) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

High Liner Foods Inc (TSE:HLF)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$13.57 and traded as high as C$15.83. High Liner Foods shares last traded at C$15.68, with a volume of 26,493 shares.

High Liner Foods Trading Down 0.3 %

The company has a debt-to-equity ratio of 61.80, a current ratio of 2.88 and a quick ratio of 0.38. The stock has a market cap of C$469.30 million, a PE ratio of 8.12 and a beta of 0.89. The company’s fifty day moving average is C$14.18 and its 200-day moving average is C$13.57.

High Liner Foods Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 4.34%. The ex-dividend date was Friday, November 29th. This is a boost from High Liner Foods’s previous quarterly dividend of $0.15. High Liner Foods’s payout ratio is 31.09%.

High Liner Foods Company Profile

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.