Shares of Halfords Group plc (LON:HFD - Get Free Report) rose 10.6% during trading on Tuesday . The stock traded as high as GBX 142.50 ($1.89) and last traded at GBX 137.41 ($1.83). Approximately 3,111,963 shares traded hands during trading, an increase of 135% from the average daily volume of 1,322,360 shares. The stock had previously closed at GBX 124.20 ($1.65).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised their target price on 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.
Check Out Our Latest Analysis on HFD
Halfords Group Stock Performance
The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 59.34. The firm's fifty day moving average price is GBX 127.39 and its 200 day moving average price is GBX 136.95. The stock has a market capitalization of £307.97 million, a price-to-earnings ratio of 21.43, a price-to-earnings-growth 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.
Further Reading
Before you consider Halfords Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Halfords Group wasn't on the list.
While Halfords Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.