Premier Foods (LON:PFD) Stock Price Crosses Above Two Hundred Day Moving Average of $134.85

Premier Foods plc (LON:PFD) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 134.85 ($1.68) and traded as high as GBX 151 ($1.88). Premier Foods shares last traded at GBX 149.60 ($1.86), with a volume of 491,485 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Premier Foods in a research note on Wednesday, March 6th.

Premier Foods Price Performance

The company has a quick ratio of 0.41, a current ratio of 1.02 and a debt-to-equity ratio of 25.73. The company has a market cap of £1.30 billion, a price-to-earnings ratio of 1,361.82, a PEG ratio of 1.44 and a beta of 1.02. The stock’s 50-day simple moving average is GBX 146.09 and its 200 day simple moving average is GBX 135.17.

Insider Buying and Selling at Premier Foods

In related news, insider Colin R. Day purchased 50,000 shares of Premier Foods stock in a transaction on Wednesday, March 6th. The shares were bought at an average price of GBX 154 ($1.92) per share, with a total value of £77,000 ($95,854.60). In other news, insider Alex Whitehouse sold 13,107 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of GBX 153 ($1.90), for a total transaction of £20,053.71 ($24,964.16). Also, insider Colin R. Day bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average price of GBX 154 ($1.92) per share, with a total value of £77,000 ($95,854.60). 25.28% of the stock is currently owned by corporate insiders.

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.