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Pets at Home Group (LON:PETS) Shares Cross Below 200 Day Moving Average - Time to Sell?

Pets at Home Group logo with Consumer Cyclical background

Pets at Home Group Plc (LON:PETS - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 299.70 ($3.80) and traded as low as GBX 280.60 ($3.56). Pets at Home Group shares last traded at GBX 283.60 ($3.60), with a volume of 1,426,182 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 350 ($4.44) price target on shares of Pets at Home Group in a research note on Thursday, August 1st.

Check Out Our Latest Stock Analysis on Pets at Home Group

Pets at Home Group Stock Performance

The company has a market capitalization of £1.28 billion, a PE ratio of 1,747.50, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13. The business's fifty day moving average is GBX 300.64 and its two-hundred day moving average is GBX 299.66.

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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