Kingfisher (LON:KGF) Shares Down 13.8% - Should You Sell?

Shares of Kingfisher plc (LON:KGF - Get Free Report) dropped 13.8% during mid-day trading on Tuesday . The company traded as low as GBX 238.70 ($3.09) and last traded at GBX 241.20 ($3.12). Approximately 367,623,094 shares changed hands during trading, an increase of 814% from the average daily volume of 40,234,852 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Trading Up 1.4 %

The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26. The company's 50 day moving average is GBX 251.51 and its 200 day moving average is GBX 270.09. The stock has a market capitalization of £4.45 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 2.87 and a beta of 0.96.

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

Kingfisher Increases Dividend

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

Kingfisher Company Profile

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.