Premium Brands (OTCMKTS:PRBZF) Trading Down 4.4% – Should You Sell?

Premium Brands Holdings Co. (OTCMKTS:PRBZF)’s share price dropped 4.4% on Friday . The stock traded as low as $53.64 and last traded at $53.64. Approximately 14,253 shares changed hands during mid-day trading, an increase of 90% from the average daily volume of 7,511 shares. The stock had previously closed at $56.10.

Analyst Ratings Changes

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

Premium Brands Stock Performance

The business has a 50-day moving average price of $54.08 and a 200-day moving average price of $58.44.

Premium Brands Company Profile

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.