Premier Foods (OTCMKTS:PRRFY) Stock Price Down 10.5% – Time to Sell?

Premier Foods plc (OTCMKTS:PRRFY)’s share price was down 10.5% on Monday . The stock traded as low as $10.70 and last traded at $10.70. Approximately 111 shares traded hands during trading, an increase of 6% from the average daily volume of 105 shares. The stock had previously closed at $11.96.

Analysts Set New Price Targets

Several research firms recently commented on PRRFY. Barclays upgraded Premier Foods to a “strong-buy” rating in a research note on Thursday, October 10th. Royal Bank of Canada raised Premier Foods to a “moderate buy” rating in a research report on Monday, November 18th.

Premier Foods Stock Performance

The company has a current ratio of 1.14, a quick ratio of 0.78 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $11.92 and its 200 day simple moving average is $11.81.

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.