Premier Foods (LON:PFD) Sets New 12-Month High at $161.80

Premier Foods plc (LON:PFD)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 161.80 ($2.00) and last traded at GBX 159.60 ($1.97), with a volume of 182475 shares changing hands. The stock had previously closed at GBX 159.80 ($1.97).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a report on Wednesday, March 6th.

Premier Foods Stock Performance

The company has a current ratio of 1.02, a quick ratio of 0.41 and a debt-to-equity ratio of 25.73. The stock has a fifty day moving average price of GBX 147.75 and a 200-day moving average price of GBX 136.84. The firm has a market capitalization of £1.39 billion, a price-to-earnings ratio of 1,452.73, a PEG ratio of 1.44 and a beta of 1.02.

Insider Transactions at Premier Foods

In other news, insider Alex Whitehouse sold 13,107 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of GBX 153 ($1.89), for a total value of £20,053.71 ($24,769.90). In related news, insider Duncan Leggett sold 25,353 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of GBX 154 ($1.90), for a total transaction of £39,043.62 ($48,225.82). Also, insider Alex Whitehouse sold 13,107 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of GBX 153 ($1.89), for a total value of £20,053.71 ($24,769.90). 25.28% of the stock is currently owned by insiders.

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, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.