Kingfisher (LON:KGF) Stock Price Down 13.8% – Time to Sell?

Kingfisher plc (LON:KGF)’s share price traded down 13.8% on Tuesday . The stock traded as low as GBX 238.70 ($3.08) and last traded at GBX 241.20 ($3.12). 367,623,094 shares traded hands during trading, an increase of 814% from the average session volume of 40,234,852 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Trading Down 13.8 %

The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26. The company has a market cap of £4.26 billion, a price-to-earnings ratio of 12.85, a P/E/G ratio of 2.87 and a beta of 0.96. The company’s fifty day moving average is GBX 250.80 and its two-hundred day moving average is GBX 271.04.

Kingfisher (LON:KGF) last issued its 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 net margin of 2.68% and a return on equity of 5.23%. On average, research analysts anticipate that Kingfisher plc will post 23.6949924 EPS for the current year.

Kingfisher Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a GBX 19.72 ($0.25) dividend. This is an increase from Kingfisher’s previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, March 27th. This represents a dividend yield of 3.44%. Kingfisher’s dividend payout ratio is presently 63.94%.

About Kingfisher

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.