Bakkavor Group (LON:BAKK) Trading 0.2% Higher – Here’s Why

Bakkavor Group plc (LON:BAKKGet Free Report)’s stock price traded up 0.2% during trading on Wednesday . The company traded as high as GBX 235 and last traded at GBX 234. 4,064,040 shares traded hands during mid-day trading, an increase of 156% from the average session volume of 1,584,959 shares. The stock had previously closed at GBX 233.50.

Bakkavor Group Price Performance

The business’s fifty day moving average price is GBX 229.57 and its 200-day moving average price is GBX 225.97. The company has a market capitalization of £1.35 billion, a P/E ratio of 37.14, a P/E/G ratio of 0.61 and a beta of 0.63. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 53.92.

About Bakkavor Group

(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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