Pets at Home Group (LON:PETS) Shares Cross Below 200 Day Moving Average – Here’s Why

Pets at Home Group Plc (LON:PETS)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 269.81 ($3.35) and traded as low as GBX 224.60 ($2.79). Pets at Home Group shares last traded at GBX 226.40 ($2.81), with a volume of 875,016 shares.

Pets at Home Group Stock Performance

The company has a debt-to-equity ratio of 43.13, a quick ratio of 0.57 and a current ratio of 0.63. The stock has a market capitalization of £1.02 billion, a P/E ratio of 1,393.75, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The firm’s fifty day simple moving average is GBX 214.85 and its 200 day simple moving average is GBX 268.93.

Pets at Home Group (LON:PETS) last posted its earnings results on Wednesday, November 27th. The company reported GBX 8.40 ($0.10) earnings per share for the quarter. Pets at Home Group had a net margin of 5.36% and a return on equity of 7.87%. As a group, equities research analysts forecast that Pets at Home Group Plc will post 22.67844 EPS for the current fiscal year.

Pets at Home Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 5th were issued a GBX 4.70 ($0.06) dividend. The ex-dividend date was Thursday, December 5th. This represents a yield of 1.7%. Pets at Home Group’s payout ratio is 8,125.00%.

Insider Buying and Selling at Pets at Home Group

In other Pets at Home Group news, insider Lyssa McGowan bought 42,294 shares of the stock in a transaction on Thursday, November 28th. The stock was acquired at an average cost of GBX 236 ($2.93) per share, for a total transaction of £99,813.84 ($123,823.15). Corporate insiders own 1.80% of the company’s stock.

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.