Halfords Group (LON:HFD) Trading 13.5% Higher - What's Next?

Halfords Group plc (LON:HFD - Get Free Report)'s share price shot up 13.5% during trading on Tuesday . The stock traded as high as GBX 153.60 ($1.90) and last traded at GBX 143 ($1.77). 4,323,830 shares changed hands during mid-day trading, an increase of 363% from the average session volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.56).

Halfords Group Stock Performance

The firm has a market cap of £311.14 million, a PE ratio of 1,095.71, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The business has a 50 day simple moving average of GBX 135.51 and a two-hundred day simple moving average of GBX 143.40. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 59.34.

Halfords Group (LON:HFD - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) earnings per share for the quarter. Halfords Group had a net margin of 1.00% and a return on equity of 5.22%. As a group, equities research analysts forecast that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 12th were issued a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a dividend yield of 2.32%. Halfords Group's payout ratio is currently 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.