Premier Foods (LON:PFD) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Shares of Premier Foods plc (LON:PFD - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 178.60 ($2.24) and traded as high as GBX 190.40 ($2.39). Premier Foods shares last traded at GBX 187.80 ($2.35), with a volume of 404,442 shares.

Premier Foods Stock Performance

The company has a debt-to-equity ratio of 25.46, a quick ratio of 0.41 and a current ratio of 1.14. The stock has a market cap of £1.64 billion, a PE ratio of 1,460.00, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The firm has a fifty day moving average price of GBX 189.02 and a 200 day moving average price of GBX 178.60.

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.