Halfords Group (LON:HFD) Share Price Passes Above Two Hundred Day Moving Average of $272.98
Halfords Group plc (LON:HFD)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 272.98 ($3.57) and traded as high as GBX 386 ($5.04). Halfords Group shares last traded at GBX 379.80 ($4.96), with a volume of 577,327 shares trading hands.
Separately, Liberum Capital reissued a “buy” rating and issued a GBX 350 ($4.57) target price on shares of Halfords Group in a report on Monday, March 1st.
The stock has a market cap of £753.86 million and a PE ratio of 19.58. The firm has a fifty day moving average of GBX 329.46 and a 200 day moving average of GBX 273.93. The company has a quick ratio of 0.44, a current ratio of 0.81 and a debt-to-equity ratio of 93.34.
About Halfords Group (LON:HFD)
Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. Its Retail segment is involved in the retail of automotive, cars, leisure, cycling products, scooters, and parts, as well as clothing and accessories through its stores.
Read More: Understanding Price to Earnings Ratio (PE)
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