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

Halfords Group logo with Consumer Cyclical background

Halfords Group plc (LON:HFD - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 139.73 ($1.89) and traded as high as GBX 174.60 ($2.36). Halfords Group shares last traded at GBX 172.40 ($2.33), with a volume of 312,045 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their target price on Halfords Group from GBX 142 ($1.92) to GBX 151 ($2.04) and gave the company a "hold" rating in a research note on Thursday, April 17th.

Check Out Our Latest Stock Analysis on HFD

Halfords Group Price Performance

The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The company's 50 day moving average price is GBX 151.99 and its 200-day moving average price is GBX 139.73. The company has a market cap of £375.46 million, a price-to-earnings ratio of 26.13, a PEG ratio of 2.80 and a beta of 1.62.

Halfords Group Company Profile

(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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