High Liner Foods (TSE:HLF) Sets New 1-Year High at $11.39

Shares of High Liner Foods Inc (TSE:HLF) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$11.39 and last traded at C$11.38, with a volume of 117629 shares trading hands. The stock had previously closed at C$10.95.

Several equities research analysts have issued reports on HLF shares. BMO Capital Markets lifted their price target on shares of High Liner Foods from C$9.00 to C$10.00 in a research note on Thursday, August 8th. Royal Bank of Canada lifted their price target on shares of High Liner Foods from C$8.00 to C$10.00 in a research note on Thursday, August 8th.

The company has a current ratio of 2.59, a quick ratio of 0.68 and a debt-to-equity ratio of 122.11. The firm’s 50 day simple moving average is C$10.23 and its 200-day simple moving average is C$8.59. The stock has a market capitalization of $360.54 million and a price-to-earnings ratio of 18.85.

About High Liner Foods (TSE:HLF)

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.

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