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Pets at Home Group (LON:PETS) Sets New 52-Week High - Here's Why

Pets at Home Group logo with Consumer Cyclical background

Pets at Home Group Plc (LON:PETS - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 390.40 ($5.11) and last traded at GBX 309.40 ($4.05), with a volume of 8072408 shares traded. The stock had previously closed at GBX 305 ($3.99).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 350 ($4.58) price target on shares of Pets at Home Group in a research note on Thursday, August 1st.

Get Our Latest Stock Analysis on Pets at Home Group

Pets at Home Group Price Performance

The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57. The firm has a market cap of £1.41 billion, a P/E ratio of 1,926.25, a PEG ratio of 2.66 and a beta of 0.69. The stock's 50-day simple moving average is GBX 301.08 and its two-hundred day simple moving average is GBX 294.82.

Pets at Home Group Company Profile

(Get Free Report)

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.

Further Reading

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