Premier Foods (LON:PFD) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Premier Foods plc (LON:PFD)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 178.60 ($2.24) and traded as high as GBX 190.40 ($2.39). Premier Foods shares last traded at GBX 187.80 ($2.35), with a volume of 404,442 shares trading hands.

Premier Foods Stock Up 1.3 %

The firm’s 50-day moving average price is GBX 189.02 and its two-hundred day moving average price is GBX 178.60. The company has a debt-to-equity ratio of 25.46, a quick ratio of 0.41 and a current ratio of 1.14. The firm has a market cap of £1.64 billion, a PE ratio of 1,463.18, a P/E/G ratio of 1.44 and a beta of 1.08.

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.