Premier Foods (LON:PFD) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Premier Foods plc (LON:PFD)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 178.60 ($2.24) and traded as high as GBX 190.40 ($2.39). Premier Foods shares last traded at GBX 187.80 ($2.35), with a volume of 404,442 shares changing hands.

Premier Foods Trading Up 1.1 %

The firm has a 50-day moving average price of GBX 189.11 and a 200-day moving average price of GBX 178.75. The company has a debt-to-equity ratio of 25.46, a quick ratio of 0.41 and a current ratio of 1.14. The stock has a market cap of £1.64 billion, a PE ratio of 1,460.00, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08.

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.