Premier Foods (LON:PFD) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Premier Foods plc (LON:PFD - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 189.94 ($2.57) and traded as high as GBX 210 ($2.85). Premier Foods shares last traded at GBX 207 ($2.81), with a volume of 519,800 shares.

Premier Foods Price Performance

The company has a market capitalization of £1.78 billion, a PE ratio of 15.85, a PEG ratio of 1.44 and a beta of 1.08. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. The business has a fifty day moving average of GBX 199.65 and a 200 day moving average of GBX 190.33.

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

Insider Activity at Premier Foods

In other Premier Foods news, insider Malcolm Waugh bought 9,368 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average price of GBX 212 ($2.87) per share, for a total transaction of £19,860.16 ($26,914.43). Also, insider Alex Whitehouse purchased 9,487 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average price of GBX 209 ($2.83) per share, with a total value of £19,827.83 ($26,870.62). Over the last three months, insiders purchased 41,862 shares of company stock worth $8,604,612 and sold 383,350 shares worth $68,355,286. 25.24% of the stock is currently owned by company 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.