Halfords Group (LON:HFD) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Halfords Group plc (LON:HFD)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.07 ($1.86) and traded as high as GBX 147.48 ($1.86). Halfords Group shares last traded at GBX 143.60 ($1.81), with a volume of 172,316 shares traded.

Halfords Group Stock Down 1.3 %

The firm has a market cap of £309.73 million, a PE ratio of 1,090.77, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 59.34. The business has a 50-day moving average price of GBX 148.71 and a two-hundred day moving average price of GBX 147.03.

Halfords Group Cuts Dividend

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

Halfords Group Company Profile

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.