Premier Foods (OTCMKTS:PRRFY) Sets New 12-Month High – Should You Buy?

Premier Foods plc (OTCMKTS:PRRFY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $12.85 and last traded at $12.85, with a volume of 0 shares. 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 report on Thursday.

Premier Foods Stock Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. The firm has a 50-day moving average price of $11.88 and a 200 day moving average price of $10.92.

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.