Premier Foods (LON:PFD) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Shares of Premier Foods plc (LON:PFD - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 180.04 ($2.22) and traded as high as GBX 186 ($2.29). Premier Foods shares last traded at GBX 180.40 ($2.22), with a volume of 918,905 shares changing hands.

Premier Foods Stock Up 0.9 %

The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.46. The business has a 50-day simple moving average of GBX 188.16 and a two-hundred day simple moving average of GBX 180.15. The stock has a market capitalization of £1.57 billion, a P/E ratio of 1,400.00, a PEG ratio of 1.44 and a beta of 1.08.

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.