Premier Foods (OTCMKTS:PRRFY) Reaches New 1-Year High – Here’s What Happened

Premier Foods plc (OTCMKTS:PRRFY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $12.85 and last traded at $12.85, with a volume of 0 shares traded. The stock had previously closed at $12.85.

Analysts Set New Price Targets

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

Premier Foods Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.78 and a current ratio of 1.14. The firm’s 50-day simple moving average is $11.92 and its two-hundred day simple moving average is $10.96.

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.