Kingfisher (LON:KGF) Shares Down 13% – Here’s What Happened

Kingfisher plc (LON:KGF)’s stock price was down 13% during trading on Tuesday . The company traded as low as GBX 238.70 ($3.08) and last traded at GBX 243.27 ($3.14). Approximately 367,251,000 shares were traded during mid-day trading, an increase of 813% from the average daily volume of 40,228,547 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Price Performance

The firm has a market capitalization of £4.27 billion, a price-to-earnings ratio of 12.88, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The stock’s fifty day moving average price is GBX 250.80 and its two-hundred day moving average price is GBX 271.04. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12.

Kingfisher (LON:KGF) last announced its quarterly earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share (EPS) for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. Equities research analysts expect that Kingfisher plc will post 23.6949924 EPS for the current year.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.