Premier Foods plc (LON:PFD - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 185.37 ($2.39) and traded as high as GBX 187 ($2.41). Premier Foods shares last traded at GBX 185.60 ($2.39), with a volume of 1,629,118 shares changing hands.
Analyst Upgrades and Downgrades
PFD has been the subject of several research reports. Shore Capital reaffirmed a "house stock" rating on shares of Premier Foods in a research report on Tuesday, January 21st. Berenberg Bank restated a "buy" rating and set a GBX 240 ($3.09) target price on shares of Premier Foods in a report on Thursday, January 23rd.
Check Out Our Latest Analysis on Premier Foods
Premier Foods Price Performance
The firm has a market capitalization of £1.64 billion, a P/E ratio of 14.57, a P/E/G ratio of 1.44 and a beta of 1.08. The stock's fifty day simple moving average is GBX 184.71 and its 200 day simple moving average is GBX 185.65. The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41.
Insider Buying and Selling
In other Premier Foods news, insider Tania Howarth purchased 6,906 shares of the stock in a transaction on Monday, March 17th. The stock was acquired at an average price of GBX 184 ($2.37) per share, with a total value of £12,707.04 ($16,379.27). Also, insider Alex Whitehouse sold 367,652 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.28), for a total transaction of £650,744.04 ($838,803.87). 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.
Further Reading
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