Premier Foods (OTCMKTS:PRRFY) Shares Down 4.4% – Time to Sell?

Premier Foods plc (OTCMKTS:PRRFY) traded down 4.4% during mid-day trading on Monday . The stock traded as low as $11.39 and last traded at $11.39. 1,186 shares changed hands during mid-day trading, an increase of 90% from the average session volume of 625 shares. The stock had previously closed at $11.92.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Barclays upgraded shares of Premier Foods to a “strong-buy” rating in a research report on Thursday, October 10th. Royal Bank of Canada raised shares of Premier Foods to a “moderate buy” rating in a report on Monday, November 18th.

Premier Foods Stock Down 4.4 %

The company has a quick ratio of 0.78, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $12.35 and a 200 day moving average of $11.76.

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.