Premier Foods plc (LON:PFD) Insider Alex Whitehouse Sells 367,652 Shares

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 367,652 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.30), for a total value of £650,744.04 ($843,916.53).

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, February 4th, Alex Whitehouse bought 1,884 shares of Premier Foods stock. The shares were acquired at an average price of GBX 185 ($2.40) per share, with a total value of £3,485.40 ($4,520.04).

Premier Foods Stock Down 1.2 %

Shares of PFD traded down GBX 2.20 ($0.03) during mid-day trading on Thursday, hitting GBX 177.40 ($2.30). The company’s stock had a trading volume of 1,275,279 shares, compared to its average volume of 4,318,796. The firm has a market capitalization of £1.53 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 1.44 and a beta of 1.08. The company’s 50-day moving average is GBX 183.76 and its 200-day moving average is GBX 184.74. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. Premier Foods plc has a 52-week low of GBX 140.20 ($1.82) and a 52-week high of GBX 198.40 ($2.57).

Wall Street Analyst Weigh In

Several research analysts recently commented on PFD shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 240 ($3.11) price target on shares of Premier Foods in a research note on Thursday, January 23rd. Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a research report on Tuesday, January 21st.

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.