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Halfords Group (LON:HFD) Stock Price Passes Below 200-Day Moving Average - Here's What Happened

Halfords Group logo with Consumer Cyclical background
Image from MarketBeat Media, LLC.

Key Points

  • Shares fell below the 200-day moving average, trading as low as GBX 134.20 and last at GBX 136 on volume 2,168,024, a technical signal investors watch for potential trend weakness.
  • Financial metrics point to strain: market cap £296.31m, negative P/E (-8.83), high debt-to-equity (50.72) and weak liquidity (current ratio 0.84, quick ratio 0.41).
  • Established UK business — Halfords is a market-leading provider of motoring and cycling products and services, including Autocentres, giving it a broad retail and service footprint despite recent share weakness.
  • MarketBeat previews the top five stocks to own by May 1st.

Shares of Halfords Group plc (LON:HFD - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 142.67 and traded as low as GBX 134.20. Halfords Group shares last traded at GBX 136, with a volume of 2,168,024 shares.

Halfords Group Stock Performance

The business has a 50-day moving average of GBX 145.72 and a 200 day moving average of GBX 142.67. The company has a debt-to-equity ratio of 50.72, a current ratio of 0.84 and a quick ratio of 0.41. The company has a market cap of £296.31 million, a PE ratio of -8.83, a PEG ratio of 2.80 and a beta of 1.16.

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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