Halfords Group (LON:HFD) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Halfords Group plc (LON:HFD) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 144.33 ($1.93) and traded as high as GBX 152.20 ($2.03). Halfords Group shares last traded at GBX 149.20 ($1.99), with a volume of 291,207 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their price objective on Halfords Group from GBX 142 ($1.90) to GBX 151 ($2.02) and gave the company a “hold” rating in a report on Thursday, April 17th.

Halfords Group Price Performance

The stock has a market capitalization of £324.90 million, a price-to-earnings ratio of 22.61, a PEG ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The company has a fifty day simple moving average of GBX 160.54 and a two-hundred day simple moving average of GBX 144.33.

Halfords Group (LON:HFD) last announced its quarterly earnings data on Wednesday, June 25th. The company reported GBX 13.80 ($0.18) earnings per share for the quarter. Halfords Group had a return on equity of 2.61% and a net margin of 0.85%. As a group, equities research analysts expect that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

About Halfords Group

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.