Premier Foods plc (PFD) Jumped 0.7598% on Feb 15

February 15, 2018 - By Marie Mckinney

Shares of Premier Foods plc (LON:PFD) last traded at 40.8581, representing a move of 0.7598%, or 0.3081 per share, on volume of 220,955 shares. After opening the trading day at 41.5, shares of Premier Foods plc traded in a close range. Premier Foods plc currently has a total float of 8.40M shares and on average sees 747,500 shares exchange hands each day. The stock now has a 52-week low of 36.5 and high of 46.25.

LSE: Europe’s Biggest Stock Exchange

Europe is undeniably a successful region, especially when it comes to economic prowess and influence. The UK economy has constantly been a major player in this success.

Not only does the UK boast with a compelling education system, a competent political structure, and a healthy tourism industry’ it also takes pride in excellent corporate governance that continues to shape its economy. Because of this, the country has one of the most competitive equity markets globally’ transforming not just Europe but the trade and commerce around the world.

In the UK, the main stock exchange is the London Stock Exchange (LSE) while the benchmark index is the Financial Times Stock Exchange (FTSE) 100 Index.

LSE

The LSE is Europe’s biggest stock exchange and the world’s third biggest stock exchange. It boasts with roughly 2,290 companies listed on it and an overall market capitalization of ‘6.06 trillion.

Having been formed in 1801, the LSE is also one of the world’s oldest stock exchanges. The LSE is currently operated by the LSE Group (LSEG), which was formed in October 2007 after the LSE and the Borsa Italiana had merged.

The regular trading on the LSE begins at 8:00 a.m. and concludes at 4:00 p.m.

FTSE 100

The FTSE 100 had been formed on January 3, 1984 with 1,000 points serving as a base value. It monitors the 100 biggest companies listed on the LSE based on market capitalization and with respect to free-float shares. Premier Foods plc is a stock traded on the U.K’s stock exchange.

The FTSE 100 is currently operated by a subsidiary of the LSEG, the FTSE Group. As of September, it has an overall market capitalization of about $1.70 trillion. The FTSE 100 represents about 80% of the overall market capitalization on the LSE. Premier Foods plc has relatively good liquidity.

While the FTSE 100 is a good indicator of the LSE, it is not a good indicator of the UK economy since it is mostly composed of international companies. On the other hand, the FTSE 250 is the best indicator of the UK economy’ thanks to its extensive nature and components that are mostly UK-based companies.

The components of the FTSE 100 are reviewed quarterly’ particularly on the first Wednesday following the first Friday of the months of March, June, September, and December. Components are regularly dropped and added in accordance to a certain set of criteria for inclusion.

The FTSE 100 had recorded an all-time low of 427.50 points in February 1978. Eventually, the FTSE had recorded an all-time high of 7,103.98 points in April 2015. Meanwhile, it has recorded its best intraday high of 7,129 points in October.

The LSE has been forged to become more powerful through all those 200 years of existence. It is definitely a pride of the European economy and the reasons behind the successful efforts of the UK to realize long-term growth prospects.

Investing on LSE stocks is an ideal move for investors nowadays. It is one of the best, and most rewarding ways to take advantage of the constant growth of the UK economy, as well as that of Europe. Professional analysts might be interested how this will affect Premier Foods plc.

More notable recent Premier Foods plc (LON:PFD) news were published by: Ft.com which released: “Premier Foods returns to growth and trims losses” on November 15, 2017, also Ft.com with their article: “Premier Foods — not even second class” published on July 20, 2017, Ft.com published: “Premier Foods taps Keith Hamill for chairman” on August 09, 2017. More interesting news about Premier Foods plc (LON:PFD) were released by: Ft.com and their article: “Premier Foods focuses on costs as revenues and profits fall” published on May 16, 2017 as well as Ft.com‘s news article titled: “Premier Foods seeks to dampen Batchelors sale talk” with publication date: January 15, 2018.

Premier Foods plc, together with its subsidiaries, makes and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company has market cap of 343.33 million GBP. The firm operates through Grocery and Sweet Treats divisions. It has a 5.6 P/E ratio. It offers a portfolio of product categories, including flavourings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, and Homepride brands; quick meals and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, Angel Delight, Mr Kipling, and Cadbury brands; and ambient cakes under the Mr Kipling, Cadbury, and Lyons brands.

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