High Liner Foods (OTCMKTS:HLNFF) Stock Price Down 1.5% – What’s Next?

High Liner Foods Incorporated (OTCMKTS:HLNFFGet Free Report)’s share price was down 1.5% during mid-day trading on Monday . The company traded as low as $9.90 and last traded at $9.90. 995 shares traded hands during trading, a decline of 61% from the average session volume of 2,569 shares. The stock had previously closed at $10.05.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of High Liner Foods in a report on Monday, August 17th. BMO Capital Markets reaffirmed an “outperform” rating on shares of High Liner Foods in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on HLNFF

High Liner Foods Stock Performance

The business’s 50-day moving average price is $10.64 and its 200-day moving average price is $10.56.

About High Liner Foods

(Get Free Report)

High Liner Foods is a leading North American processor and marketer of value-added frozen seafood products. Headquartered in Lunenburg, Nova Scotia, the company supplies retailers, foodservice distributors and industrial customers with a wide range of premium seafood offerings. Its product portfolio includes branded and private-label items such as fillets, battered and breaded seafood, appetizers, entrées and fully prepared meals featuring species like pollock, haddock, cod, salmon, shrimp and scallops.

The company operates primarily through two business segments: Retail and Foodservice.

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