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

Halfords Group plc (LON:HFD - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 142.80 ($1.92) and traded as high as GBX 151.80 ($2.04). Halfords Group shares last traded at GBX 150 ($2.01), with a volume of 272,898 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their price objective 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 Price Performance

The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41. The stock's fifty day moving average is GBX 163.80 and its 200-day moving average is GBX 143.01. The stock has a market cap of £318.60 million, a PE ratio of 22.17, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62.

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

Halfords Group Company Profile

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.