Kingfisher plc (LON:KGF - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 262.35 ($3.58) and traded as high as GBX 277.80 ($3.80). Kingfisher shares last traded at GBX 277.20 ($3.79), with a volume of 4,687,322 shares traded.
Analyst Upgrades and Downgrades
Separately, Barclays downgraded shares of Kingfisher to an "underweight" rating and upped their target price for the company from GBX 275 ($3.76) to GBX 280 ($3.83) in a research note on Tuesday, May 20th.
Get Our Latest Report on KGF
Kingfisher Stock Up 0.5%
The firm has a market capitalization of £4.90 billion, a PE ratio of 14.77, a P/E/G ratio of 2.87 and a beta of 0.96. The firm's 50 day moving average price is GBX 285.59 and its two-hundred day moving average price is GBX 262.35. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12.
Kingfisher (LON:KGF - Get Free Report) last announced its earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.28) earnings per share for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. As a group, research analysts forecast that Kingfisher plc will post 23.6949924 EPS for the current fiscal year.
Insider Buying and Selling at Kingfisher
In other Kingfisher news, insider Bill Lennie purchased 50,000 shares of Kingfisher stock in a transaction dated Friday, May 30th. The shares were bought at an average cost of GBX 277 ($3.78) per share, for a total transaction of £138,500 ($189,233.50). 0.73% of the stock is currently owned by insiders.
About Kingfisher
(
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Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight 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.
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