Halfords Group (LON:HFD) Shares Cross Above 200-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 142.96 and traded as high as GBX 144.20. Halfords Group shares last traded at GBX 141.40, with a volume of 601,366 shares trading hands.

Halfords Group Trading Down 0.1%

The firm has a market capitalization of £313.74 million, a price-to-earnings ratio of -9.35, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The business’s 50 day moving average price is GBX 141.10 and its 200-day moving average price is GBX 142.58. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41.

Halfords Group (LON:HFD) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX 7.90 earnings per share for the quarter. Halfords Group had a return on equity of 2.61% and a net margin of 0.85%. Equities analysts forecast that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Insiders Place Their Bets

In other Halfords Group news, insider Henry B. Birch acquired 71,500 shares of the business’s stock in a transaction on Thursday, November 27th. The stock was purchased at an average price of GBX 140 per share, for a total transaction of £100,100. 3.33% of the stock is owned by corporate insiders.

About Halfords Group

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.