High Liner Foods (TSE:HLF) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of High Liner Foods Inc (TSE:HLF) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$14.18 and traded as high as C$16.15. High Liner Foods shares last traded at C$16.00, with a volume of 8,656 shares trading hands.

Analyst Ratings Changes

Separately, BMO Capital Markets lifted their price target on shares of High Liner Foods from C$14.50 to C$16.40 in a research report on Thursday, December 19th.

High Liner Foods Price Performance

The company has a market cap of C$475.29 million, a PE ratio of 8.23 and a beta of 0.89. The company has a debt-to-equity ratio of 61.80, a current ratio of 2.88 and a quick ratio of 0.38. The stock has a fifty day moving average price of C$15.65 and a 200-day moving average price of C$14.21.

High Liner Foods (TSE:HLF) last posted its quarterly earnings results on Friday, November 8th. The company reported C$0.27 EPS for the quarter, missing the consensus estimate of C$0.38 by C($0.11). High Liner Foods had a return on equity of 12.18% and a net margin of 4.82%. During the same quarter last year, the firm earned $0.19 EPS. On average, equities analysts expect that High Liner Foods Inc will post 1.9858934 earnings per share for the current year.

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.