Pets at Home Group (LON:PETS) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Pets at Home Group Plc (LON:PETS) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 288.62 ($3.62) and traded as low as GBX 207.40 ($2.60). Pets at Home Group shares last traded at GBX 211 ($2.64), with a volume of 447,074 shares changing hands.

Pets at Home Group Stock Performance

The company has a market cap of £966.76 million, a price-to-earnings ratio of 1,318.75, a P/E/G ratio of 2.66 and a beta of 0.69. The company has a debt-to-equity ratio of 43.13, a quick ratio of 0.57 and a current ratio of 0.63. The company has a fifty day moving average of GBX 264.37 and a two-hundred day moving average of GBX 288.62.

Pets at Home Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 4.70 ($0.06) per share. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, December 5th. Pets at Home Group’s payout ratio is 8,125.00%.

Insider Activity

In related news, insider Lyssa McGowan purchased 42,294 shares of the firm’s stock in a transaction dated Thursday, November 28th. The stock was bought at an average price of GBX 236 ($2.96) per share, with a total value of £99,813.84 ($125,080.00). 1.80% of the stock is currently owned by insiders.

About Pets at Home Group

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.