Bakkavor Group (LON:BAKK) Trading 1.4% Higher

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

Wall Street Analysts Forecast Growth

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

Bakkavor Group Trading Down 2.7 %

The company has a current ratio of 0.56, a quick ratio of 0.43 and a debt-to-equity ratio of 58.69. The stock has a market cap of £822.05 million, a P/E ratio of 1,588.89, a PEG ratio of 0.61 and a beta of 0.61. The firm’s 50-day simple moving average is GBX 132.92 and its 200 day simple moving average is GBX 109.15.

Bakkavor Group Company Profile

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.