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

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

Kingfisher Price 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 stock 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 business has a 50-day simple moving average of GBX 250.80 and a 200 day simple moving average of GBX 271.04.

Kingfisher (LON:KGF) last issued its quarterly 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, analysts forecast that Kingfisher plc will post 23.6949924 earnings per share for the current year.

About Kingfisher

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.