Premier Foods (LON:PFD) Hits New 52-Week High at $181.00

Premier Foods plc (LON:PFD) hit a new 52-week high during trading on Friday . The stock traded as high as GBX 181 ($2.39) and last traded at GBX 176.47 ($2.33), with a volume of 16571 shares. The stock had previously closed at GBX 176 ($2.32).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Premier Foods in a research report on Thursday, July 18th.

Premier Foods Trading Up 0.5 %

The company has a fifty day moving average of GBX 170.18 and a 200-day moving average of GBX 160.40. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.46. The company has a market capitalization of £1.52 billion, a price-to-earnings ratio of 1,353.85, a PEG ratio of 1.44 and a beta of 1.09.

Insider Activity

In related news, insider Duncan Leggett sold 5,506 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of GBX 163 ($2.15), for a total transaction of £8,974.78 ($11,835.39). Company insiders own 25.26% of the company’s stock.

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.