Premium Brands (OTCMKTS:PRBZF) Shares Down 4.4% – What’s Next?

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZFGet Free Report) traded down 4.4% on Friday . The company traded as low as $53.64 and last traded at $53.64. 14,253 shares were traded during mid-day trading, an increase of 90% from the average session volume of 7,511 shares. The stock had previously closed at $56.10.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada restated a “sector perform” rating on shares of Premium Brands in a research note on Friday, March 21st.

Read Our Latest Report on Premium Brands

Premium Brands Stock Performance

The firm’s 50 day simple moving average is $54.08 and its 200 day simple moving average is $58.44.

Premium Brands Company Profile

(Get Free Report)

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.

Further Reading

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