Premier Foods (OTCMKTS:PRRFY) Hits New 1-Year High – Time to Buy?

Premier Foods plc (OTCMKTS:PRRFY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $12.85 and last traded at $12.85, with a volume of 4 shares traded. The stock had previously closed at $12.85.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of Premier Foods to a “strong-buy” rating in a research report on Thursday, October 10th.

Premier Foods Price 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 business’s 50-day moving average is $12.21 and its two-hundred day moving average is $11.20.

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.