Kingfisher (LON:KGF) Trading Down 14.2% - Time to Sell?

Kingfisher plc (LON:KGF - Get Free Report)'s share price traded down 14.2% during mid-day trading on Tuesday . The company traded as low as GBX 238.70 ($3.09) and last traded at GBX 240.10 ($3.11). 369,245,438 shares changed hands during mid-day trading, an increase of 817% from the average session volume of 40,262,352 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Price Performance

The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The stock has a market cap of £4.45 billion, a P/E ratio of 13.41, a PEG ratio of 2.87 and a beta of 0.96. The company has a 50 day simple moving average of GBX 251.51 and a 200 day simple moving average of GBX 270.17.

Kingfisher (LON:KGF - Get Free Report) last issued its quarterly earnings results 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%. Sell-side analysts forecast that Kingfisher plc will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher Increases Dividend

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

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.