Premier Foods (OTCMKTS:PRRFY) Shares Gap Down - What's Next?

Key Points

• Premier Foods' stock price gapped down from $12.70 to open at $12.06, representing a 3.5% drop.
• The company has a debt-to-equity ratio of 0.23 and a current ratio of 1.51, indicating a stable financial position.
• Premier Foods manufactures a wide range of food products under various popular brands including Bisto, OXO, and Mr Kipling.

Premier Foods PLC. (OTCMKTS:PRRFY - )'s stock price gapped down prior to trading on Monday . The stock had previously closed at $12.70, but opened at $12.06. Premier Foods shares last traded at $12.06, with a volume of 235 shares changing hands.

Premier Foods Stock Down 3.5%

The business's 50-day moving average price is $12.83 and its two-hundred day moving average price is $13.16. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.51 and a quick ratio of 1.13.

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.

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