Premier Foods (OTCMKTS:PRRFY) Stock Price Down 4.4% – Should You Sell?

Premier Foods plc (OTCMKTS:PRRFY) shares traded down 4.4% on Monday . The company traded as low as $11.39 and last traded at $11.39. 1,186 shares changed hands during trading, an increase of 90% from the average session volume of 625 shares. The stock had previously closed at $11.92.

Wall Street Analyst Weigh In

PRRFY has been the topic of several analyst reports. Barclays raised shares of Premier Foods to a “strong-buy” rating in a report on Thursday, October 10th. Royal Bank of Canada raised shares of Premier Foods to a “moderate buy” rating in a research note 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 firm has a fifty day simple moving average of $12.35 and a 200-day simple moving average of $11.76.

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.