Premier Foods (LON:PFD) Share Price Crosses Above 200 Day Moving Average of $165.11

Shares of Premier Foods plc (LON:PFD - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 165.11 ($2.21) and traded as high as GBX 182.20 ($2.44). Premier Foods shares last traded at GBX 181.64 ($2.43), with a volume of 625,029 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "house stock" rating on shares of Premier Foods in a report on Thursday, July 18th.

Premier Foods Price Performance

The stock's fifty day moving average is GBX 176.02 and its two-hundred day moving average is GBX 165.22. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.46. The company has a market capitalization of £1.57 billion, a PE ratio of 1,401.54, a P/E/G ratio of 1.44 and a beta of 1.08.

Insiders Place Their Bets

In related news, insider Tim Elliott bought 2,500 shares of Premier Foods stock in a transaction dated Friday, September 13th. The stock was purchased at an average cost of GBX 178 ($2.38) per share, with a total value of £4,450 ($5,958.76). Insiders own 25.26% of the company's stock.

About Premier Foods

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.