Premier Foods plc (OTCMKTS:PRRFY) Short Interest Down 75.0% in November

Premier Foods plc (OTCMKTS:PRRFY) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a decline of 75.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1.0 days.

Premier Foods Stock Performance

Shares of PRRFY remained flat at $12.26 during midday trading on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.78 and a debt-to-equity ratio of 0.25. Premier Foods has a twelve month low of $7.89 and a twelve month high of $12.85. The stock’s 50-day moving average is $12.56 and its two-hundred day moving average is $11.60.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Barclays upgraded Premier Foods to a “strong-buy” rating in a research report on Thursday, October 10th. Royal Bank of Canada raised Premier Foods to a “moderate buy” rating in a research note on Monday, November 18th.

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.