Halfords Group (LON:HFD) Shares Pass Above 200-Day Moving Average - Here's What Happened

Halfords Group plc (LON:HFD - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 137.51 ($1.87) and traded as high as GBX 166.03 ($2.25). Halfords Group shares last traded at GBX 165.80 ($2.25), with a volume of 567,271 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their price target 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 Trading Up 0.1%

The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41. The firm's fifty day moving average is GBX 142.67 and its two-hundred day moving average is GBX 137.30. The firm has a market capitalization of £354.63 million, a PE ratio of 24.68, a PEG ratio of 2.80 and a beta of 1.62.

Halfords Group Company Profile

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.