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Pets at Home Group (LON:PETS) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Pets at Home Group logo with Consumer Cyclical background

Pets at Home Group Plc (LON:PETS - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 298.91 ($3.88) and traded as low as GBX 290.80 ($3.77). Pets at Home Group shares last traded at GBX 298 ($3.86), with a volume of 710,507 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 350 ($4.54) price objective on shares of Pets at Home Group in a research report on Thursday, August 1st.

Get Our Latest Report on Pets at Home Group

Pets at Home Group Trading Up 0.6 %

The company has a debt-to-equity ratio of 43.13, a quick ratio of 0.57 and a current ratio of 0.63. The stock has a 50-day moving average of GBX 304.07 and a two-hundred day moving average of GBX 298.91. The company has a market cap of £1.37 billion, a P/E ratio of 1,862.50, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69.

About Pets at Home Group

(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.

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