Premium Catering (NASDAQ:PC) Trading Down 1.6% – Here’s What Happened

Premium Catering (Holdings) Limited (NASDAQ:PC) shares fell 1.6% on Tuesday . The company traded as low as $6.62 and last traded at $6.90. 228,583 shares were traded during trading, an increase of 284% from the average session volume of 59,517 shares. The stock had previously closed at $7.01.

Premium Catering Price Performance

The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average is $6.70 and its two-hundred day moving average is $7.45.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Premium Catering stock. Citadel Advisors LLC bought a new stake in shares of Premium Catering (Holdings) Limited (NASDAQ:PC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 85,625 shares of the company’s stock, valued at approximately $61,000. Citadel Advisors LLC owned 0.54% of Premium Catering as of its most recent filing with the Securities and Exchange Commission.

Premium Catering Company Profile

Premium Catering (Holdings) Limited, through its subsidiary, engages in the business of food catering for function, events, and workers in Singapore. The company provides Halal food in Indian, Bangladesh, and Chinese cuisine to foreign workers, students, and other individuals residing in dormitories, as well foreign workers in the marine, logistics, and poultry industries.