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

Premier Foods plc (LON:PFD) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 180.04 ($2.23) and traded as high as GBX 186 ($2.30). Premier Foods shares last traded at GBX 180.40 ($2.23), with a volume of 918,905 shares traded.

Premier Foods Stock Down 1.7 %

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 firm has a market cap of £1.56 billion, a price-to-earnings ratio of 1,387.69, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The firm has a 50-day moving average price of GBX 188.35 and a two-hundred day moving average price of GBX 180.04.

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.