Halfords Group (LON:HFD) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Halfords Group plc (LON:HFD) 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 ($1.87). Halfords Group shares last traded at GBX 143.60 ($1.82), with a volume of 172,316 shares trading hands.

Halfords Group Stock Performance

The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The company has a market capitalization of £311.92 million, a P/E ratio of 1,104.62, a P/E/G ratio of 2.80 and a beta of 1.62. The business’s fifty day simple moving average is GBX 148.86 and its 200-day simple moving average is GBX 147.07.

Halfords Group Cuts Dividend

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

About Halfords Group

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.