Premier Foods (LON:PFD) Sets New 12-Month High - Should You Buy?

Premier Foods plc (LON:PFD - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 216.50 ($2.93) and last traded at GBX 209.50 ($2.84), with a volume of 35362 shares. The stock had previously closed at GBX 209 ($2.83).

Premier Foods Trading Down 0.5%

The firm has a market capitalization of £1.78 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 1.44 and a beta of 1.08. The company has a fifty day moving average price of GBX 197.49 and a two-hundred day moving average price of GBX 189.49. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47.

Premier Foods (LON:PFD - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported GBX 14.50 ($0.20) EPS for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.49%. As a group, research analysts forecast that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Insider Activity

In other Premier Foods news, insider Alex Whitehouse sold 367,652 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 177 ($2.40), for a total value of £650,744.04 ($881,528.10). Also, insider Tania Howarth bought 6,906 shares of the business's stock in a transaction on Monday, March 17th. The stock was purchased at an average cost of GBX 184 ($2.49) per share, for a total transaction of £12,707.04 ($17,213.55). In the last 90 days, insiders have bought 41,862 shares of company stock valued at $8,604,612 and have sold 383,350 shares valued at $68,355,286. Corporate insiders own 25.24% of the company's stock.

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.