Premier Foods (LON:PFD) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Premier Foods plc (LON:PFD - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 174.28 ($2.24) and traded as high as GBX 191.43 ($2.46). Premier Foods shares last traded at GBX 190.66 ($2.45), with a volume of 724,878 shares.

Analyst Ratings Changes

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

Premier Foods Stock Performance

The stock has a market cap of £1.62 billion, a PE ratio of 1,444.62, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The stock has a fifty day moving average of GBX 185.25 and a 200-day moving average of GBX 174.37. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.46.

Insider Buying and Selling at Premier Foods

In related news, insider Tim Elliott purchased 2,500 shares of the business's stock in a transaction dated Friday, September 13th. The stock was acquired at an average price of GBX 178 ($2.29) per share, for a total transaction of £4,450 ($5,726.42). Company insiders own 25.24% 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.