High Liner Foods’ stock passes $12.49 two hundred day moving average

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HIGH LINER FOODS ($TSX:HLF) is a leading North American seafood processor and marketer. The company’s products are sold under a variety of brand names, including High Liner, Fisher Boy, Mrs. Paul’s, and Sea Cuisine. High Liner Foods’ stock recently passed above its two hundred day moving average of $12.49.

This is a positive sign for the company, as it indicates that the stock is in a long-term uptrend. Investors may want to consider buying High Liner Foods’ stock on this news.

Market Price

A number of research firms have recently issued reports on HLF. The Company’s segments are United States, Canada and International. The Company offers its products under various brand names in the United States, including High Liner, Fisher Boy,Sea Cuisine and American Pride, and in Canada under the High Liner, Fisher Boy, Sea Cuisine, Aqua Star, Mirabel and Fresh Point brand names.

It offers a range of frozen seafood products, including fish fillets, cuttlefish, squid, shrimp, scallops, breaded products, value-added products and appetizers. It operates through a network of over 10 distribution centers in North America.

VI Analysis

Cheetah companies are those that have achieved high revenue or earnings growth, but are considered less stable due to lower profitability. Investors interested in cheetah companies may be looking for companies with high potential that may be more volatile, but have the potential to generate high returns. HIGH LINER FOODS has an intermediate health score of 6/10 with regard to its cashflows and debt. This means that the company is likely to be able to pay off its debt and fund future operations.

However, the company is considered less stable due to its lower profitability. HIGH LINER FOODS is strong in dividend, and medium in asset, growth, and profitability. This company may be a good choice for investors looking for a company with high potential that may be more volatile, but has the potential to generate high returns.

VI Peers

The company operates in the United States and Canada. High Liner Foods is the largest seafood processor in North America, with products sold under the High Liner, Fisher Boy, Sea Cuisine, and C. Wirthy & Co. brands in the United States, and High Liner, Fisher Boy, Sea Cuisine, Greenseas, Maitre Pierre, Ocean Cuisine, Springs River, and Voltigeur brands in Canada. The company was founded in 1899. High Liner Foods’ competitors include The Simply Good Foods Co, Mowi ASA, Millennium Global Holdings Inc.

– The Simply Good Foods Co ($NASDAQ:SMPL)

The Simply Good Foods Co is a food company that focuses on providing healthy food options. The company has a market cap of 3.71B as of 2022 and a Return on Equity of 7.5%. The company’s focus on healthy food options has made it a popular choice among consumers looking for healthier alternatives. The company’s products are available in a variety of retail outlets, including grocery stores, health food stores, and online retailers.

– Mowi ASA ($OTCPK:MHGVY)

Mowi ASA is a Norwegian seafood company that is involved in the farming, processing, and selling of salmon and other fish products. The company has a market capitalization of 7.84 billion as of 2022 and a return on equity of 17.38%. Mowi ASA is the world’s largest salmon farming company and is headquartered in Bergen, Norway. The company has operations in Ireland, Scotland, the Faroe Islands, Chile, and Canada.

– Millennium Global Holdings Inc ($PSE:MG)

Millennium Global Holdings Inc is a holding company that owns and operates businesses in the financial services industry. The company has a market cap of 251.19M and a ROE of 2.81%. The company provides financial services including asset management, capital markets, and advisory services. The company operates in the United States, Europe, Asia, and the Middle East.

Summary

HIGH LINER FOODS is a publicly traded Canadian company that produces and markets frozen seafood products. The company’s shares are listed on the Toronto Stock Exchange and the New York Stock Exchange. The company’s products are sold in the United States, Canada, and Mexico under the High Liner, Fisher Boy, Mirabel, and Sea Cuisine brands. Investors looking for exposure to the seafood industry could consider buying shares of HIGH LINER FOODS.

The company is a leading producer of frozen seafood products and has a strong balance sheet. HIGH LINER FOODS also pays a dividend, which makes it an attractive investment for income-seeking investors.