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High Liner Foods Share Price History For The Past Five Years

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3. Market (Stock) Analysis
High Liner Foods Share price history for the past five years
Figure 21. High Liner Foods inc. Price History Source: Yahoo Finance Canada, https://ca.finance.yahoo.com/echarts?s=HLF.TO#symbol=HLF.TO;range=
High Liner Foods is the Market leader of the value-added seafood, and we can see that strong position with the analysis of the share market price during the last five years.
The Company share price in the year of 2011 stood almost the same, from $ 8,27/share in January 1st to $ 8,17 in December 31st . This was a reflex of a period of great economic uncertainty, when unemployment was very high making consumers to be more careful and save money. We had also an American credit rating downgrade and the European debit crisis.
But the company results were very good with sales and earnings with a strong increase. Sales increased for the third consecutive year, from 177 million pounds in 2010 to more than 200 million. Revenue was up 14,3% to $ 668,6 million, with a contribution of the Viking Seafoods Inc, that was integrated in April, of $ 37,5 million.
In 2012 the share price had a significant increase of 96,94%, beginning the year with the value of $8,00 and closing de period with $ 15,77. The main reason was the inclusion of High liner Foods Incorporated in the S&P/TSX SmallCap Index. in September 21st . According to the president and CEO of the company it was an important milestone in their history, providing liquidity to the stocks.
The sales

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