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Kingfisher (OTCMKTS:KGFHY) Stock Passes Below 50 Day Moving Average - What's Next?

Kingfisher logo with Retail/Wholesale background
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Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.30 and traded as low as $6.20. Kingfisher shares last traded at $6.35, with a volume of 309,921 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on KGFHY shares. Citigroup reiterated a "neutral" rating on shares of Kingfisher in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Kingfisher in a research report on Wednesday.

Get Our Latest Stock Analysis on Kingfisher

Kingfisher Trading Up 1.6 %

The firm has a 50-day simple moving average of $6.33 and a two-hundred day simple moving average of $6.89. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30.

Kingfisher Company Profile

(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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