Premium Catering (NASDAQ:PC) Shares Up 0.5% – Should You Buy?

Premium Catering (Holdings) Limited (NASDAQ:PC) rose 0.5% during mid-day trading on Tuesday . The stock traded as high as $9.55 and last traded at $9.40. Approximately 531,300 shares traded hands during mid-day trading, The stock had previously closed at $9.35.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Premium Catering in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Premium Catering Stock Performance

The firm has a 50 day simple moving average of $9.40 and a two-hundred day simple moving average of $8.68.

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. It also operates a central kitchen under the Premium Catering brand name to supply budget prepared meals to foreign construction workers; operates food stalls; and provides buffet catering services for private functions, and corporate and community events, as well as provides ancillary delivery services.