Premier Foods (OTCMKTS:PRRFY) Stock Price Down 10.5% – Here’s Why

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

Analyst Upgrades and Downgrades

PRRFY has been the subject of several research reports. Royal Bank of Canada raised Premier Foods to a “moderate buy” rating in a research note on Monday, November 18th. Barclays raised shares of Premier Foods to a “strong-buy” rating in a research note on Thursday, October 10th.

Premier Foods Trading Down 10.5 %

The company has a quick ratio of 0.78, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The company has a fifty day moving average price of $11.95 and a 200 day moving average price of $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.