Kingfisher plc (LON:KGF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 264.97 ($3.57) and traded as high as GBX 281.40 ($3.80). Kingfisher shares last traded at GBX 276.20 ($3.73), with a volume of 5,953,534 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Barclays downgraded shares of Kingfisher to an "underweight" rating and upped their price objective for the company from GBX 275 ($3.71) to GBX 280 ($3.78) in a research note on Tuesday, May 20th.
Check Out Our Latest Stock Report on Kingfisher
Kingfisher Trading Down 1.8%
The company has a market capitalization of £4.88 billion, a P/E ratio of 14.72, a P/E/G ratio of 2.87 and a beta of 0.96. The stock's 50 day moving average is GBX 287.98 and its 200-day moving average is GBX 264.97. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27.
Insider Transactions at Kingfisher
In other Kingfisher news, insider Bill Lennie bought 50,000 shares of the firm's stock in a transaction on Friday, May 30th. The stock was acquired at an average price of GBX 277 ($3.74) per share, with a total value of £138,500 ($186,833.94). 0.73% of the stock is currently owned by insiders.
Kingfisher Company Profile
(
Get Free Report)
Kingfisher plc is an international home improvement company with over 1,900 stores, supported by a team of c. 76,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Kingfisher, 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 Kingfisher wasn't on the list.
While Kingfisher currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
