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Halfords Group (LON:HFD) Shares Cross Above 200-Day Moving Average - Should You Sell?

Halfords Group logo with Consumer Cyclical background

Halfords Group plc (LON:HFD - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 137.32 ($1.83) and traded as high as GBX 158.80 ($2.11). Halfords Group shares last traded at GBX 158 ($2.10), with a volume of 438,042 shares trading hands.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on HFD

Halfords Group Stock Up 1.7 %

The company has a market capitalization of £342.91 million, a P/E ratio of 23.86, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a 50-day moving average of GBX 130.27 and a two-hundred day moving average of GBX 137.21. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 59.34.

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.

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