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

Halfords Group plc (LON:HFD - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 143.30 ($1.92) and traded as high as GBX 145.60 ($1.95). Halfords Group shares last traded at GBX 144 ($1.93), with a volume of 371,612 shares traded.

Analysts Set New Price Targets

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

Halfords Group Trading Up 0.7%

The company's fifty day moving average is GBX 162.38 and its two-hundred day moving average is GBX 143.39. The stock has a market cap of £312.52 million, a price-to-earnings ratio of 21.75, a PEG 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.

Halfords Group (LON:HFD - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX 13.80 ($0.19) EPS for the quarter. Halfords Group had a net margin of 0.85% and a return on equity of 2.61%. On average, research analysts predict that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

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.