Premier Foods (OTCMKTS:PRRFY) Stock Rating Upgraded by Barclays

Premier Foods (OTCMKTS:PRRFY - Get Free Report) was upgraded by investment analysts at Barclays to a "strong-buy" rating in a research report issued on Thursday, Zacks.com reports.

Premier Foods Price Performance

Shares of Premier Foods stock remained flat at $12.85 during trading on Thursday. The company had a trading volume of 2 shares, compared to its average volume of 46. The business's 50-day simple moving average is $11.88 and its 200 day simple moving average is $10.90. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. Premier Foods has a 12-month low of $6.72 and a 12-month high of $12.85.

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.