Halfords Group (LON:HFD) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Halfords Group plc (LON:HFDGet Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 142.25 and traded as high as GBX 162. Halfords Group shares last traded at GBX 159.40, with a volume of 3,895,423 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised shares of Halfords Group to a “buy” rating and lifted their target price for the company from GBX 156 to GBX 170 in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 170.

Check Out Our Latest Stock Report on Halfords Group

Halfords Group Price Performance

The stock has a market cap of £363.42 million, a price-to-earnings ratio of -10.83, a PEG ratio of 2.80 and a beta of 1.19. The company has a 50-day moving average of GBX 140.18 and a 200-day moving average of GBX 142.49. The company has a debt-to-equity ratio of 50.72, a quick ratio of 0.41 and a current ratio of 0.84.

About Halfords Group

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Halfords Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halfords Group and related companies with MarketBeat.com's FREE daily email newsletter.