Bakkavor Group (LON:BAKK) Sets New 52-Week High at $124.00

Bakkavor Group plc (LON:BAKK)’s share 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 firm has a 50-day simple moving average of GBX 109.73 and a 200-day simple moving average of GBX 95.78. The firm has a market cap of £692.71 million, a P/E ratio of 1,344.44, a PEG 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.

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 given a dividend of GBX 4.37 ($0.05) per share. The ex-dividend date is Thursday, April 25th. This represents a yield of 4.41%. This is an increase from Bakkavor Group’s previous dividend of $2.91. Bakkavor Group’s dividend payout ratio (DPR) 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.