Premier Foods (OTCMKTS:PRRFY) Reaches New 1-Year High - What's Next?

Premier Foods plc (OTCMKTS:PRRFY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $14.85 and last traded at $14.85, with a volume of 109 shares trading hands. The stock had previously closed at $14.27.

Analyst Ratings Changes

Separately, Royal Bank of Canada downgraded Premier Foods from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, May 27th.

Premier Foods Stock Down 8.8%

The company has a quick ratio of 0.76, a current ratio of 1.19 and a debt-to-equity ratio of 0.24. The business's fifty day moving average is $13.15 and its two-hundred day moving average is $12.31.

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.