Halfords Group (LON:HFD) Share Price Crosses Above 200 Day Moving Average of $148.99

Halfords Group plc (LON:HFD)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 148.99 ($2.00) and traded as high as GBX 152 ($2.04). Halfords Group shares last traded at GBX 150.60 ($2.02), with a volume of 485,528 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 146 ($1.96) price target on shares of Halfords Group in a research report on Monday, July 8th.

Halfords Group Price Performance

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’s 50-day moving average price is GBX 145.55 and its 200-day moving average price is GBX 148.99. The company has a market cap of £328.96 million, a P/E ratio of 1,158.46, a P/E/G ratio of 2.80 and a beta of 1.62.

Halfords Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 8th were given a dividend of GBX 5 ($0.07) per share. This is a boost from Halfords Group’s previous dividend of $3.00. This represents a dividend yield of 3.52%. The ex-dividend date was Thursday, August 8th. Halfords Group’s dividend payout ratio is currently 6,153.85%.

About Halfords Group

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.