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Halfords Group (LON:HFD) Share Price Crosses Above 200 Day Moving Average - Here's Why

Halfords Group logo with Consumer Cyclical background

Halfords Group plc (LON:HFD - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 140.95 ($1.89) and traded as high as GBX 173.20 ($2.33). Halfords Group shares last traded at GBX 172.40 ($2.31), with a volume of 372,132 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their price objective on shares of Halfords Group from GBX 142 ($1.91) to GBX 151 ($2.03) and gave the stock a "hold" rating in a report on Thursday, April 17th.

Check Out Our Latest Report on Halfords Group

Halfords Group Price Performance

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 stock has a market cap of £372.86 million, a P/E ratio of 25.95, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The business's 50-day simple moving average is GBX 160.66 and its two-hundred day simple moving average is GBX 141.20.

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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