Pets at Home Group PLC (LON:PETS)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $210.21 and traded as low as $221.53. Pets at Home Group shares last traded at $228.00, with a volume of 1,135,548 shares trading hands.
A number of research analysts have recently weighed in on the stock. Goldman Sachs Group increased their target price on shares of Pets at Home Group from GBX 140 ($1.83) to GBX 155 ($2.03) and gave the company a “sell” rating in a research report on Tuesday, August 6th. Berenberg Bank increased their target price on shares of Pets at Home Group from GBX 130 ($1.70) to GBX 175 ($2.29) and gave the company a “hold” rating in a research report on Thursday, May 30th. Liberum Capital reissued an “under review” rating on shares of Pets at Home Group in a research report on Friday, August 2nd. Shore Capital reissued a “hold” rating on shares of Pets at Home Group in a research report on Friday, August 2nd. Finally, HSBC set a GBX 190 ($2.48) target price on shares of Pets at Home Group and gave the company a “neutral” rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 165.33 ($2.16).
The company has a market capitalization of $1.15 billion and a PE ratio of 38.43. The company has a debt-to-equity ratio of 19.85, a quick ratio of 0.41 and a current ratio of 0.91. The stock’s 50 day moving average is GBX 211.66 and its 200 day moving average is GBX 172.10.
In related news, insider Peter Pritchard sold 23,683 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).
Pets at Home Group Company Profile (LON:PETS)
Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.
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