Premier Foods plc (LON:PFD - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 184.36 ($2.38) and traded as high as GBX 191 ($2.47). Premier Foods shares last traded at GBX 181.96 ($2.35), with a volume of 1,912,250 shares.
Wall Street Analyst Weigh In
PFD has been the topic of a number of recent research reports. Berenberg Bank reissued a "buy" rating and issued a GBX 240 ($3.10) target price on shares of Premier Foods in a research note on Thursday, January 23rd. Shore Capital reissued a "house stock" rating on shares of Premier Foods in a research note on Tuesday, January 21st.
View Our Latest Stock Report on PFD
Premier Foods Price Performance
The firm has a 50-day moving average of GBX 184.28 and a 200 day moving average of GBX 184.49. The company has a market capitalization of £1.56 billion, a PE ratio of 13.89, a PEG ratio of 1.44 and a beta of 1.08. The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41.
Insider Buying and Selling
In other Premier Foods news, insider Alex Whitehouse acquired 1,884 shares of Premier Foods stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average cost of GBX 185 ($2.39) per share, for a total transaction of £3,485.40 ($4,504.85). 25.24% of the stock is owned by corporate insiders.
About Premier Foods
(
Get Free Report)
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.
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