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

Premier Foods plc (LON:PFD) shares crossed 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.

Wall Street Analysts Forecast Growth

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

Premier Foods Stock Performance

The company has a debt-to-equity ratio of 25.73, a current ratio of 1.02 and a quick ratio of 0.41. The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 1,360.00, a P/E/G ratio of 1.44 and a beta of 1.02. The stock’s 50-day moving average is GBX 145.66 and its 200 day moving average is GBX 134.85.

Insider Activity at Premier Foods

In related news, insider Alex Whitehouse sold 13,107 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of GBX 153 ($1.90), for a total value of £20,053.71 ($24,964.16). In related news, insider Duncan Leggett sold 25,353 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of GBX 154 ($1.92), for a total value of £39,043.62 ($48,604.03). Also, insider Alex Whitehouse sold 13,107 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of GBX 153 ($1.90), for a total transaction of £20,053.71 ($24,964.16). 25.28% of the stock is owned by insiders.

Premier Foods Company Profile

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.