Halfords Group (LON:HFD) Stock Price Up 18.1% – Here’s Why

Halfords Group plc (LON:HFD) shares traded up 18.1% during mid-day trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 148.78 ($1.85). 7,795,391 shares changed hands during trading, an increase of 599% from the average session volume of 1,115,811 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Stock Up 1.0 %

The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41. The company has a fifty day moving average price of GBX 135.07 and a 200 day moving average price of GBX 143.42. The company has a market cap of £314.10 million, a PE ratio of 1,106.15, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62.

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

Halfords Group Cuts Dividend

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

Halfords Group Company Profile

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.