Kingfisher (LON:KGF) Trading Down 13.4% – Here’s What Happened

Shares of Kingfisher plc (LON:KGF) were down 13.4% on Tuesday . The company traded as low as GBX 242 ($3.13) and last traded at GBX 242.20 ($3.13). Approximately 365,481,781 shares changed hands during mid-day trading, an increase of 809% from the average daily volume of 40,198,559 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The company has a market cap of £4.23 billion, a P/E ratio of 12.76, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a 50 day moving average price of GBX 250.80 and a 200-day moving average price of GBX 271.04.

Kingfisher (LON:KGF) last released its earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share (EPS) for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. On average, equities analysts expect that Kingfisher plc will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher Company Profile

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.