Premier Foods plc (LON:PFD - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 183.95 ($2.32) and traded as high as GBX 191 ($2.41). Premier Foods shares last traded at GBX 182.80 ($2.30), with a volume of 1,956,002 shares traded.
Wall Street Analyst Weigh In
PFD has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 240 ($3.02) target price on shares of Premier Foods in a research note on Thursday, January 23rd. Shore Capital reiterated a "house stock" rating on shares of Premier Foods in a report on Tuesday, January 21st.
Read Our Latest Stock Analysis on Premier Foods
Premier Foods Stock Down 0.3 %
The company has a debt-to-equity ratio of 25.47, a quick ratio of 0.41 and a current ratio of 1.14. The firm's fifty day simple moving average is GBX 185.18 and its 200 day simple moving average is GBX 184.10. The stock has a market capitalization of £1.58 billion, a price-to-earnings ratio of 14.08, a P/E/G ratio of 1.44 and a beta of 1.08.
Insider Buying and Selling
In other news, insider Alex Whitehouse bought 1,884 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The shares were acquired at an average price of GBX 185 ($2.33) per share, with a total value of £3,485.40 ($4,392.99). 25.24% of the stock is currently owned by company insiders.
About Premier Foods
(
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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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