High Liner Foods (TSE:HLF) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

High Liner Foods Inc (TSE:HLF) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.24 and traded as high as C$13.25. High Liner Foods shares last traded at C$13.15, with a volume of 6,856 shares trading hands.

High Liner Foods Stock Performance

The company’s fifty day simple moving average is C$13.17 and its two-hundred day simple moving average is C$13.24. The company has a market capitalization of C$393.58 million, a price-to-earnings ratio of 6.81 and a beta of 0.89. The company has a debt-to-equity ratio of 61.80, a quick ratio of 0.38 and a current ratio of 2.88.

High Liner Foods (TSE:HLF) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.35 by C$0.12. The business had revenue of C$298.72 million for the quarter, compared to analysts’ expectations of C$286.86 million. High Liner Foods had a net margin of 4.82% and a return on equity of 12.18%. Equities research analysts predict that High Liner Foods Inc will post 1.9858934 earnings per share for the current fiscal year.

High Liner Foods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Stockholders of record on Sunday, September 1st were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.60 annualized dividend and a dividend yield of 4.56%. High Liner Foods’s payout ratio is 31.09%.

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.