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 183.48 ($2.31) and traded as high as GBX 191.80 ($2.42). Premier Foods shares last traded at GBX 189.80 ($2.39), with a volume of 730,185 shares.
Analyst Ratings Changes
A number of research firms have recently issued reports on PFD. Berenberg Bank restated a "buy" rating and issued a GBX 240 ($3.03) price target on shares of Premier Foods in a research report on Thursday, January 23rd. Shore Capital reaffirmed a "house stock" rating on shares of Premier Foods in a report on Tuesday, January 21st.
Get Our Latest Stock Analysis on PFD
Premier Foods Price Performance
The firm has a market cap of £1.61 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The stock's 50 day moving average is GBX 185.99 and its 200 day moving average is GBX 183.65. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47.
Insider Activity
In other Premier Foods news, insider Alex Whitehouse purchased 1,884 shares of the business's stock in a transaction on Tuesday, February 4th. The stock was bought at an average cost of GBX 185 ($2.33) per share, with a total value of £3,485.40 ($4,397.43). Insiders own 25.24% of the company's stock.
About Premier Foods
(
Get Free Report)
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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