Bakkavor Group (LON:BAKK) Trading 1.4% Higher

Shares of Bakkavor Group plc (LON:BAKK) were up 1.4% on Thursday . The company traded as high as GBX 147.50 ($1.87) and last traded at GBX 147 ($1.86). Approximately 118,791 shares were traded during trading, a decline of 65% from the average daily volume of 340,072 shares. The stock had previously closed at GBX 145 ($1.84).

Analysts Set New Price Targets

Separately, Citigroup restated a “neutral” rating and set a GBX 155 ($1.97) target price on shares of Bakkavor Group in a research note on Thursday, June 6th.

Bakkavor Group Price Performance

The company has a market capitalization of £822.05 million, a PE ratio of 1,588.89, a price-to-earnings-growth ratio of 0.61 and a beta of 0.61. The company has a debt-to-equity ratio of 58.69, a current ratio of 0.56 and a quick ratio of 0.43. The company’s 50 day simple moving average is GBX 132.92 and its 200 day simple moving average is GBX 109.15.

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.