Premier Foods plc (LON:PFD – Get Rating) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 113.05 ($1.37) and traded as low as GBX 102.40 ($1.24). Premier Foods shares last traded at GBX 103.80 ($1.25), with a volume of 1,764,452 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital reissued a “house stock” rating on shares of Premier Foods in a research note on Wednesday, July 20th.
Premier Foods Trading Down 0.8 %
The company has a market capitalization of £896.11 million and a price-to-earnings ratio of 1,153.33. The company has a 50-day moving average price of GBX 110.66 and a 200-day moving average price of GBX 113.05. The company has a quick ratio of 0.52, a current ratio of 0.89 and a debt-to-equity ratio of 22.52.
Premier Foods Increases Dividend
Insiders Place Their Bets
In other news, insider Roisin Donnelly bought 45,651 shares of the business’s stock in a transaction dated Wednesday, August 24th. The stock was bought at an average price of GBX 110 ($1.33) per share, for a total transaction of £50,216.10 ($60,676.78).
Premier Foods Company Profile
Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and International segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, and Homepride brands; and quick meals, snacks, and soups under the Batchelors and Smash brands.
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