Premium Catering (NASDAQ:PC) Upgraded to “Sell” at Wall Street Zen

Premium Catering (NASDAQ:PC) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

Premium Catering Price Performance

Shares of PC opened at $8.40 on Friday. The stock has a fifty day moving average of $6.90 and a two-hundred day moving average of $7.45. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. Premium Catering has a fifty-two week low of $5.11 and a fifty-two week high of $51.57.

Institutional Trading of Premium Catering

A hedge fund recently bought a new stake in Premium Catering stock. Citadel Advisors LLC purchased a new position in shares of Premium Catering (Holdings) Limited (NASDAQ:PC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 85,625 shares of the company’s stock, valued at approximately $61,000. Citadel Advisors LLC owned 0.54% of Premium Catering at the end of the most recent quarter.

About Premium Catering

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.