Bakkavor Group (LON:BAKK) Reaches New 1-Year High – Should You Buy?

Bakkavor Group plc (LON:BAKKGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 255 and last traded at GBX 240, with a volume of 58853 shares changing hands. The stock had previously closed at GBX 242.50.

Bakkavor Group Stock Performance

The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 53.92. The company’s 50-day simple moving average is GBX 232 and its 200-day simple moving average is GBX 226.96. The stock has a market capitalization of £1.46 billion, a price-to-earnings ratio of 40.00, a PEG ratio of 0.61 and a beta of 0.63.

Bakkavor Group Company Profile

(Get Free Report)

We are the leading provider of fresh prepared food in the UK, and our presence in the US positions the Group well in this high-growth market. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 14,900 colleagues operate from 31 sites in our two markets supplying a portfolio of c.2,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US.

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