Bakkavor Group (LON:BAKK) Shares Down 2.6% – Time to Sell?

Bakkavor Group plc (LON:BAKK) shares were down 2.6% during trading on Wednesday . The company traded as low as GBX 133.50 ($1.67) and last traded at GBX 133.50 ($1.67). Approximately 210,674 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 436,384 shares. The stock had previously closed at GBX 137 ($1.71).

Bakkavor Group Price Performance

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

Bakkavor Group Company Profile

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.