Bakkavor Group (LON:BAKK) Posts Quarterly Earnings Results

Bakkavor Group (LON:BAKK) posted its quarterly earnings results on Tuesday. The company reported GBX 9.60 ($0.12) EPS for the quarter, Digital Look Earnings reports. Bakkavor Group had a return on equity of 10.43% and a net margin of 2.86%.

Bakkavor Group Stock Performance

Shares of BAKK opened at GBX 151 ($1.95) on Thursday. 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 stock has a market capitalization of £882.51 million, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. Bakkavor Group has a 52-week low of GBX 96.20 ($1.24) and a 52-week high of GBX 165 ($2.13). The stock’s 50-day simple moving average is GBX 142.14 and its 200 day simple moving average is GBX 146.86.

About Bakkavor Group

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.