Halfords Group (LON:HFD) Trading 13.5% Higher – Here’s What Happened

Halfords Group plc (LON:HFD) rose 13.5% during trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). Approximately 4,323,830 shares traded hands during trading, an increase of 363% from the average daily volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Price Performance

The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 59.34. The firm has a market cap of £312.35 million, a P/E ratio of 1,100.00, a PEG ratio of 2.80 and a beta of 1.62. The company has a fifty day moving average price of GBX 134.93 and a two-hundred day moving average price of GBX 143.47.

Halfords Group (LON:HFD) last posted its quarterly earnings data on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) EPS for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. Equities analysts anticipate that Halfords Group plc will post 9.1143911 earnings per share for the current year.

Halfords Group Cuts Dividend

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

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.