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

Halfords Group logo with Consumer Cyclical background

Shares of Halfords Group plc (LON:HFD - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 137.48 ($1.83) and traded as high as GBX 163.60 ($2.18). Halfords Group shares last traded at GBX 160.20 ($2.13), with a volume of 186,429 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their target price on Halfords Group from GBX 142 ($1.89) to GBX 151 ($2.01) and gave the stock a "hold" rating in a report on Thursday, April 17th.

Read Our Latest Report on Halfords Group

Halfords Group Trading Up 1.5%

The company has a market cap of £359.40 million, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 59.34. The business has a 50-day simple moving average of GBX 137.41 and a 200-day simple moving average of GBX 137.54.

About Halfords Group

(Get Free Report)

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.

Further Reading

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