Premier Foods (LON:PFD) Share Price Crosses Above 200 Day Moving Average - What's Next?

Premier Foods plc (LON:PFD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 188.69 ($2.54) and traded as high as GBX 212.50 ($2.86). Premier Foods shares last traded at GBX 212.50 ($2.86), with a volume of 1,321,904 shares.

Premier Foods Price Performance

The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41. The firm has a market capitalization of £1.79 billion, a price-to-earnings ratio of 15.95, a PEG ratio of 1.44 and a beta of 1.08. The business's fifty day simple moving average is GBX 196.06 and its 200 day simple moving average is GBX 189.12.

Premier Foods (LON:PFD - Get Free Report) last posted 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%. On average, research analysts forecast that Premier Foods plc will post 13.2607117 EPS for the current year.

Insider Activity

In other Premier Foods news, insider Malcolm Waugh acquired 9,368 shares of Premier Foods stock in a transaction dated Thursday, May 22nd. The stock was purchased at an average cost of GBX 212 ($2.86) per share, for a total transaction of £19,860.16 ($26,754.90). Also, insider Tania Howarth acquired 6,906 shares of Premier Foods stock in a transaction dated Monday, March 17th. The shares were acquired at an average price of GBX 184 ($2.48) per share, with a total value of £12,707.04 ($17,118.47). 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.