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Kingfisher (OTCMKTS:KGFHY) Share Price Crosses Below 50 Day Moving Average - Here's Why

Kingfisher logo with Retail/Wholesale background

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report)'s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.28 and traded as low as $5.96. Kingfisher shares last traded at $5.99, with a volume of 102,508 shares.

Analysts Set New Price Targets

Separately, Barclays raised Kingfisher to a "hold" rating in a report on Friday, September 27th.

Get Our Latest Research Report on Kingfisher

Kingfisher Stock Performance

The stock's 50 day simple moving average is $6.28 and its two-hundred day simple moving average is $7.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30.

About Kingfisher

(Get Free Report)

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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