Maple Leaf Foods (OTCMKTS:MLFNF) Stock Price Up 1% – Time to Buy?

Shares of Maple Leaf Foods Inc. (OTCMKTS:MLFNF) traded up 1% on Thursday . The stock traded as high as $17.89 and last traded at $17.89. 5,475 shares traded hands during mid-day trading, an increase of 166% from the average session volume of 2,058 shares. The stock had previously closed at $17.72.

Analyst Ratings Changes

Several equities research analysts recently commented on MLFNF shares. TD Securities reiterated a “buy” rating on shares of Maple Leaf Foods in a report on Thursday, October 2nd. National Bankshares reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, September 12th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Maple Leaf Foods Price Performance

The business has a fifty day simple moving average of $17.95 and a two-hundred day simple moving average of $21.15.

Maple Leaf Foods Company Profile

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.