Pets at Home Group (LON:PETS) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Pets at Home Group Plc (LON:PETSGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 211.45 and traded as low as GBX 205.75. Pets at Home Group shares last traded at GBX 208.88, with a volume of 844,930 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PETS. Canaccord Genuity Group restated a “buy” rating and issued a GBX 245 price target on shares of Pets at Home Group in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft raised their target price on Pets at Home Group from GBX 215 to GBX 230 and gave the company a “buy” rating in a report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 236.25.

Check Out Our Latest Stock Analysis on Pets at Home Group

Pets at Home Group Stock Up 0.8%

The firm has a 50 day moving average of GBX 205.88 and a two-hundred day moving average of GBX 211.45. The stock has a market capitalization of £932.73 million, a PE ratio of 12.67, a P/E/G ratio of 2.66 and a beta of 0.69. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13.

Pets at Home Group (LON:PETSGet Free Report) last posted its earnings results on Wednesday, November 26th. The company reported GBX 5.70 EPS for the quarter. Pets at Home Group had a return on equity of 8.05% and a net margin of 5.36%. Equities research analysts anticipate that Pets at Home Group Plc will post 22.67844 earnings per share for the current year.

Pets at Home Group Company Profile

(Get Free Report)

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.

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