Bakkavor Group (LON:BAKK) Hits New 12-Month High at $119.50

Bakkavor Group plc (LON:BAKK)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 119.50 ($1.48) and last traded at GBX 119.50 ($1.48), with a volume of 141546 shares traded. The stock had previously closed at GBX 118 ($1.46).

Bakkavor Group Price Performance

The firm has a market capitalization of £675.46 million, a P/E ratio of 1,305.56, a PEG ratio of 0.61 and a beta of 0.63. The business’s 50-day simple moving average is GBX 105.14 and its 200 day simple moving average is GBX 94.10. The company has a quick ratio of 0.43, a current ratio of 0.56 and a debt-to-equity ratio of 58.69.

Bakkavor Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be issued a dividend of GBX 4.37 ($0.05) per share. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 4.41%. This is a positive change from Bakkavor Group’s previous dividend of $2.91. Bakkavor Group’s dividend payout ratio (DPR) is currently 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.