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Halfords Group (LON:HFD) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Halfords Group logo with Consumer Cyclical background

Halfords Group plc (LON:HFD - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 147.79 ($1.92) and traded as high as GBX 165.20 ($2.14). Halfords Group shares last traded at GBX 162.60 ($2.11), with a volume of 431,291 shares.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a "hold" rating and set a GBX 146 ($1.89) target price on shares of Halfords Group in a research note on Monday, July 8th.

Check Out Our Latest Report on HFD

Halfords Group Stock Performance

The company has a market capitalization of £367.40 million, a PE ratio of 1,293.85, a PEG ratio of 2.80 and a beta of 1.62. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The company has a 50 day moving average price of GBX 149.03 and a 200 day moving average price of GBX 147.93.

About Halfords Group

(Get Free Report)

Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. The company operates through two segments, Retail and Car Servicing. The Retail segment is involved in the retail of automotive, leisure, cycling products and accessories, auto parts, and accessories through its stores and online.

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