Shares of Kingfisher plc (LON:KGF - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 277.43 ($3.50) and traded as high as GBX 292.80 ($3.69). Kingfisher shares last traded at GBX 292.80 ($3.69), with a volume of 3,615,845 shares traded.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft increased their price target on Kingfisher from GBX 310 ($3.91) to GBX 350 ($4.41) and gave the stock a "buy" rating in a research report on Wednesday, September 18th.
View Our Latest Report on Kingfisher
Kingfisher Stock Performance
The company has a market cap of £5.33 billion, a price-to-earnings ratio of 1,626.67, a PEG ratio of 2.87 and a beta of 0.96. The firm's 50 day simple moving average is GBX 304.08 and its 200-day simple moving average is GBX 277.43. The company has a debt-to-equity ratio of 37.01, a quick ratio of 0.27 and a current ratio of 1.26.
Kingfisher Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 10th were paid a GBX 3.80 ($0.05) dividend. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend was Thursday, October 10th. Kingfisher's payout ratio is presently 6,666.67%.
Insider Transactions at Kingfisher
In other news, insider Thierry Garnier sold 382,415 shares of the company's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of GBX 324 ($4.08), for a total transaction of £1,239,024.60 ($1,561,467.67). Corporate insiders own 0.73% of the company's stock.
About Kingfisher
(
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Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.
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