Halfords Group (LON:HFD) Share Price Passes Above 200-Day Moving Average – Should You Sell?

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 ($1.86). Halfords Group shares last traded at GBX 143.60 ($1.81), with a volume of 172,316 shares changing hands.

Halfords Group Trading Down 1.3 %

The company has a market cap of £309.73 million, a PE ratio of 1,090.77, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company’s 50 day simple moving average is GBX 148.71 and its two-hundred day simple moving average is GBX 147.03. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41.

Halfords Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be given a dividend of GBX 3 ($0.04) per share. 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%.

Halfords Group Company Profile

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.