Premier Foods plc (LON:PFD – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 134.85 ($1.68) and traded as high as GBX 151 ($1.88). Premier Foods shares last traded at GBX 149.60 ($1.86), with a volume of 491,485 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reissued a “house stock” rating on shares of Premier Foods in a report on Wednesday, March 6th.
Check Out Our Latest Report on Premier Foods
Premier Foods Trading Up 0.1 %
Insider Activity
In other news, insider Colin R. Day bought 50,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was purchased at an average price of GBX 154 ($1.92) per share, with a total value of £77,000 ($95,854.60). In related news, insider Colin R. Day bought 50,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were purchased at an average cost of GBX 154 ($1.92) per share, with a total value of £77,000 ($95,854.60). Also, insider Duncan Leggett sold 25,353 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of GBX 154 ($1.92), for a total value of £39,043.62 ($48,604.03). Insiders own 25.28% of the company’s stock.
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.
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