High Liner Foods Inc (TSE:HLF)’s share price hit a new 52-week low on Friday . The stock traded as low as C$8.10 and last traded at C$8.39, with a volume of 35203 shares trading hands. The stock had previously closed at C$8.10.

Several equities analysts recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of High Liner Foods from C$10.50 to C$10.75 in a research report on Thursday, May 10th. Scotiabank cut their price objective on shares of High Liner Foods from C$13.00 to C$10.50 and set a “sector perform” rating on the stock in a research report on Thursday, May 10th. Finally, Royal Bank of Canada cut their price objective on shares of High Liner Foods from C$13.00 to C$12.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 10th.

High Liner Foods (TSE:HLF) last issued its quarterly earnings data on Wednesday, May 9th. The company reported C$0.41 earnings per share for the quarter, missing the consensus estimate of C$0.48 by C($0.07). High Liner Foods had a net margin of 2.14% and a return on equity of 9.53%. The business had revenue of C$425.86 million for the quarter, compared to the consensus estimate of C$415.38 million.

In other news, Director Robert P. Dexter purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, June 5th. The shares were bought at an average price of C$10.59 per share, with a total value of C$105,900.00. Also, Director Schaayk Frank Bernard Har Van purchased 4,000 shares of the company’s stock in a transaction dated Thursday, May 24th. The stock was purchased at an average cost of C$10.80 per share, for a total transaction of C$43,200.00.

About High Liner Foods

High Liner Foods Incorporated engages in the processing and marketing of prepared and packaged frozen seafood products in the United States and Canada. The company provides a range of frozen seafood products, such as raw fillets and shellfishes; cooked shellfishes; and value-added products comprising sauced, glazed, breaded, and battered seafood products, as well as seafood entrées.

Featured Article: How to Invest in Growth Stocks

Receive News & Ratings for High Liner Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Liner Foods and related companies with MarketBeat.com's FREE daily email newsletter.