Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 94,100 shares, a growth of 8.9% from the October 15th total of 86,400 shares. Based on an average daily volume of 121,700 shares, the days-to-cover ratio is currently 0.8 days.
Analyst Upgrades and Downgrades
KGFHY has been the topic of several research reports. Barclays raised Kingfisher to a "hold" rating in a research report on Friday, September 27th. UBS Group upgraded shares of Kingfisher from a "strong sell" rating to a "hold" rating in a report on Monday, September 23rd. Finally, Citigroup upgraded shares of Kingfisher to a "hold" rating in a report on Wednesday, August 28th.
Check Out Our Latest Analysis on KGFHY
Kingfisher Stock Performance
Shares of KGFHY stock traded up $0.01 during trading hours on Friday, hitting $7.35. 145,621 shares of the company's stock traded hands, compared to its average volume of 71,073. The stock's fifty day simple moving average is $7.98 and its two-hundred day simple moving average is $7.21. Kingfisher has a 12-month low of $5.26 and a 12-month high of $8.80. 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 Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, November 20th. Investors of record on Friday, October 11th will be issued a $0.088 dividend. The ex-dividend date of this dividend is Friday, October 11th.
Kingfisher Company Profile
(
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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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