Halfords Group (LON:HFD) Shares Pass Below 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

Halfords Group plc (LON:HFD – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 145.81 ($1.82) and traded as low as GBX 130.80 ($1.64). Halfords Group shares last traded at GBX 131.20 ($1.64), with a volume of 147,169 shares traded.

Halfords Group Stock Performance

The stock has a 50 day simple moving average of GBX 145.46 and a two-hundred day simple moving average of GBX 145.61. The company has a market cap of £286.14 million, a PE ratio of 1,007.69, a PEG ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41.

Halfords Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 12th will be issued a GBX 3 ($0.04) dividend. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 2.32%. Halfords Group’s payout ratio is 6,153.85%.

About Halfords Group

(Get Free Report)

Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. The company operates through two segments, Retail and Car Servicing. The Retail segment is involved in the retail of automotive, leisure, cycling products and accessories, auto parts, and accessories through its stores and online.

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