Kingfisher (LON:KGF) Shares Down 11.3% - Should You Sell?

Kingfisher plc (LON:KGF - Get Free Report)'s stock price was down 11.3% on Tuesday . The company traded as low as GBX 244.40 ($3.16) and last traded at GBX 248.20 ($3.21). Approximately 364,377,531 shares changed hands during trading, an increase of 807% from the average daily volume of 40,179,844 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Stock Up 1.4 %

The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. The company has a market capitalization of £4.45 billion, a PE ratio of 13.41, a PEG ratio of 2.87 and a beta of 0.96. The company's 50 day moving average is GBX 251.51 and its two-hundred day moving average is GBX 270.17.

Kingfisher (LON:KGF - Get Free Report) last issued its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. On average, analysts anticipate that Kingfisher plc will post 23.6949924 earnings per share for the current year.

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of GBX 19.72 ($0.26) per share. This represents a dividend yield of 3.44%. This is a boost from Kingfisher's previous dividend of $3.80. The ex-dividend date is Thursday, March 27th. Kingfisher's dividend payout ratio is 63.94%.

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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.