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Pets at Home Group (LON:PETS) Stock Price Passes Above 50 Day Moving Average - Here's Why

Pets at Home Group logo with Consumer Cyclical background
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Shares of Pets at Home Group Plc (LON:PETS - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 226.21 ($2.93) and traded as high as GBX 243 ($3.15). Pets at Home Group shares last traded at GBX 233.40 ($3.02), with a volume of 888,608 shares trading hands.

Pets at Home Group Stock Performance

The company has a market capitalization of £1.08 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. 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's fifty day simple moving average is GBX 228.03 and its 200-day simple moving average is GBX 253.49.

Insiders Place Their Bets

In related news, insider Garret Turley purchased 21,349 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of GBX 234 ($3.03) per share, with a total value of £49,956.66 ($64,660.45). 1.80% of the stock is owned by corporate insiders.

About Pets at Home Group

(Get Free Report)

We are the UK's leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care. Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners.

Further Reading

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