Kingfisher (LON:KGF) Stock Price Down 12.2% – Here’s Why

Shares of Kingfisher plc (LON:KGFGet Free Report) fell 12.2% during trading on Tuesday . The company traded as low as GBX 244.40 ($3.16) and last traded at GBX 245.57 ($3.17). 363,399,813 shares were traded during mid-day trading, an increase of 805% from the average session volume of 40,163,273 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Trading Down 12.4 %

The firm’s 50 day moving average is GBX 250.80 and its 200 day moving average is GBX 271.04. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The company has a market cap of £4.33 billion, a PE ratio of 13.05, a PEG ratio of 2.87 and a beta of 0.96.

About Kingfisher

(Get Free Report)

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.

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