Premier Foods (LON:PFD) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Premier Foods plc (LON:PFD - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 187.51 ($2.49) and traded as high as GBX 199.80 ($2.66). Premier Foods shares last traded at GBX 198.97 ($2.65), with a volume of 1,055,804 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PFD shares. Shore Capital reissued a "house stock" rating on shares of Premier Foods in a research note on Tuesday, January 21st. Berenberg Bank reissued a "buy" rating and set a GBX 240 ($3.19) price target on shares of Premier Foods in a report on Thursday, January 23rd.

Premier Foods Trading Down 1.1%

The firm has a market cap of £1.81 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 1.44 and a beta of 1.08. The business has a fifty day moving average of GBX 191.15 and a two-hundred day moving average of GBX 187.86. The company has a debt-to-equity ratio of 25.47, a quick ratio of 0.41 and a current ratio of 1.14.

Premier Foods (LON:PFD - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported GBX 14.50 ($0.19) earnings per share for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.49%. As a group, equities analysts expect that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Alex Whitehouse sold 367,652 shares of Premier Foods stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.35), for a total value of £650,744.04 ($865,351.12). Also, insider Tania Howarth purchased 6,906 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was bought at an average cost of GBX 184 ($2.45) per share, for a total transaction of £12,707.04 ($16,897.66). 25.24% of the stock is owned by 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.