Premier Foods (LON:PFD) Stock Crosses Above 200-Day Moving Average - What's Next?

Premier Foods plc (LON:PFD - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 179.35 ($2.24) and traded as high as GBX 188.38 ($2.36). Premier Foods shares last traded at GBX 187.60 ($2.35), with a volume of 155,308 shares changing hands.

Premier Foods Stock Performance

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 moving average price of GBX 188.65 and a two-hundred day moving average price of GBX 179.47. The stock has a market cap of £1.62 billion, a P/E ratio of 1,443.08, a price-to-earnings-growth 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.