Bakkavor Group (LON:BAKK) Shares Down 2.6% – What’s Next?

Shares of Bakkavor Group plc (LON:BAKKGet Free Report) fell 2.6% during trading on Wednesday . The stock traded as low as GBX 133.50 ($1.67) and last traded at GBX 133.50 ($1.67). 210,674 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 436,384 shares. The stock had previously closed at GBX 137 ($1.71).

Bakkavor Group Trading Up 2.6 %

The firm has a market capitalization of £792.34 million, a P/E ratio of 1,245.45, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The business’s 50-day moving average is GBX 140.42 and its 200 day moving average is GBX 148.49. The company has a debt-to-equity ratio of 53.92, a current ratio of 0.62 and a quick ratio of 0.43.

About Bakkavor Group

(Get Free Report)

We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.

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