Pets at Home Group (LON:PETS) Stock Passes Below 200-Day Moving Average – Time to Sell?

Pets at Home Group Plc (LON:PETS) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 211.45 and traded as low as GBX 205.75. Pets at Home Group shares last traded at GBX 208.88, with a volume of 844,930 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently commented on PETS. Deutsche Bank Aktiengesellschaft increased their price target on shares of Pets at Home Group from GBX 215 to GBX 230 and gave the company a “buy” rating in a research report on Friday, November 28th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 245 target price on shares of Pets at Home Group in a report on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Pets at Home Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 236.25.

Pets at Home Group Stock Up 0.8%

The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 43.13. The firm has a market cap of £932.73 million, a PE ratio of 12.67, a P/E/G ratio of 2.66 and a beta of 0.69. The firm’s 50 day moving average is GBX 205.88 and its 200-day moving average is GBX 211.45.

Pets at Home Group (LON:PETS) last released its earnings results on Wednesday, November 26th. The company reported GBX 5.70 EPS for the quarter. Pets at Home Group had a net margin of 5.36% and a return on equity of 8.05%. As a group, equities research analysts expect that Pets at Home Group Plc will post 22.67844 earnings per share for the current fiscal year.

About Pets at Home Group

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.