Halfords Group (LON:HFD) Sets New 1-Year High - Here's What Happened

Halfords Group plc (LON:HFD - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 176.40 ($2.40) and last traded at GBX 174.60 ($2.37), with a volume of 7539958 shares trading hands. The stock had previously closed at GBX 167 ($2.27).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised their price objective on Halfords Group from GBX 142 ($1.93) to GBX 151 ($2.05) and gave the company a "hold" rating in a research report on Thursday, April 17th.

Halfords Group Stock Performance

The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The firm's 50 day simple moving average is GBX 149.28 and its 200 day simple moving average is GBX 138.94. The firm has a market capitalization of £373.73 million, a price-to-earnings ratio of 26.01, a PEG ratio of 2.80 and a beta of 1.62.

About Halfords Group

HALFORDS IS THE UK'S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES. Through Halfords Autocentres, it is also one of the UK's leading independent operators in vehicle, servicing, maintenance and repairs. We are a market-leading business, with unique and differentiated products and services. Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets... ...We know that our customers want us to be there for them, when they need us.