Kingfisher (OTCMKTS:KGFHY) Trading 1.2% Higher – Here’s What Happened

Kingfisher PLC (OTCMKTS:KGFHYGet Free Report)’s stock price was up 1.2% on Friday . The stock traded as high as $7.51 and last traded at $7.42. Approximately 92,765 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 115,579 shares. The stock had previously closed at $7.33.

Analysts Set New Price Targets

Separately, Barclays raised shares of Kingfisher from an “underweight” rating to an “equal weight” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Kingfisher currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Kingfisher

Kingfisher Trading Up 1.2%

The company has a quick ratio of 0.27, a current ratio of 1.21 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $7.64 and a 200 day moving average of $8.28.

About Kingfisher

(Get Free Report)

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.

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