Premier Foods (OTCMKTS:PRRFY) Shares Gap Up – Here’s Why

Premier Foods PLC. (OTCMKTS:PRRFY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $11.2980, but opened at $12.30. Premier Foods shares last traded at $12.30, with a volume of 100 shares changing hands.

Premier Foods Stock Up 8.9%

The business’s 50 day moving average price is $12.29 and its 200-day moving average price is $12.99. The company has a quick ratio of 1.13, a current ratio of 1.51 and a debt-to-equity ratio of 0.23.

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.