High Liner Foods (TSE:HLF) Reaches New 52-Week High – Here’s What Happened

Shares of High Liner Foods Inc (TSE:HLF) hit a new 52-week high on Wednesday . The stock traded as high as C$17.50 and last traded at C$16.65, with a volume of 42868 shares trading hands. The stock had previously closed at C$15.75.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their price target on High Liner Foods from C$14.50 to C$16.40 in a research note on Thursday, December 19th.

High Liner Foods Trading Up 5.5 %

The company has a debt-to-equity ratio of 55.83, a current ratio of 2.66 and a quick ratio of 0.38. The firm has a fifty day simple moving average of C$15.73 and a 200-day simple moving average of C$14.43. The firm has a market cap of C$348.13 million, a P/E ratio of 5.90 and a beta of 0.89.

About High Liner Foods

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.