Premium Catering (Holdings) Limited (NASDAQ:PC – Get Free Report) shares shot up 0.5% during mid-day trading on Tuesday . The stock traded as high as $9.55 and last traded at $9.40. 531,300 shares changed hands during mid-day trading, The stock had previously closed at $9.35.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Premium Catering in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Premium Catering presently has a consensus rating of “Sell”.
View Our Latest Research Report on PC
Premium Catering Trading Up 0.5%
Institutional Investors Weigh In On Premium Catering
A hedge fund recently raised its stake in Premium Catering stock. Jane Street Group LLC increased its stake in shares of Premium Catering (Holdings) Limited (NASDAQ:PC – Free Report) by 16.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,723 shares of the company’s stock after buying an additional 1,762 shares during the quarter. Jane Street Group LLC owned 0.61% of Premium Catering worth $120,000 at the end of the most recent quarter.
About Premium Catering
Premium Catering (Holdings) Limited, through its subsidiary, engages in the business of food catering for function, events, and workers in Singapore. The company provides Halal food in Indian, Bangladesh, and Chinese cuisine to foreign workers, students, and other individuals residing in dormitories, as well foreign workers in the marine, logistics, and poultry industries. It also operates a central kitchen under the Premium Catering brand name to supply budget prepared meals to foreign construction workers; operates food stalls; and provides buffet catering services for private functions, and corporate and community events, as well as provides ancillary delivery services.
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