Premier Foods (LON:PFD) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Premier Foods plc (LON:PFD - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 177.90 ($2.25) and traded as high as GBX 190.20 ($2.40). Premier Foods shares last traded at GBX 188.20 ($2.38), with a volume of 319,404 shares.

Premier Foods Trading Down 0.4 %

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 firm has a market cap of £1.62 billion, a P/E ratio of 1,447.69, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The business's fifty day moving average is GBX 188.21 and its 200-day moving average is GBX 177.90.

Premier Foods Company Profile

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.