Premium Brands Holdings Co. (OTCMKTS:PRBZF – Get Free Report) fell 0.4% during mid-day trading on Tuesday. The company traded as low as $52.05 and last traded at $52.05. 6,216 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 21,637 shares. The stock had previously closed at $52.2340.
Wall Street Analyst Weigh In
A number of research firms have issued reports on PRBZF. Royal Bank Of Canada restated an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. BMO Capital Markets reissued an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. Finally, TD Securities reiterated a “buy” rating on shares of Premium Brands in a report on Friday, August 7th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Premium Brands has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on PRBZF
Premium Brands Stock Down 0.4%
The stock’s fifty day moving average is $53.57 and its two-hundred day moving average is $62.77.
Premium Brands Company Profile
Premium Brands Holdings Corporation is a Canadian food manufacturing and distribution company headquartered in British Columbia. The company produces, processes and distributes a broad range of specialty food products, including fresh and processed meats, deli products, sandwiches, bakery items, seafood and other prepared foods.
Premium Brands operates through a portfolio of food businesses and brands serving retail, foodservice and institutional customers. Its product portfolio includes brands such as Grimm’s Fine Foods, Harvest Meats, Hempler’s Foods, Fletcher’s and Belmont Meats, along with a variety of regional and specialty food operations.
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