Halfords Group (LON:HFD) Stock Price Up 13.5% – What’s Next?

Halfords Group plc (LON:HFD)’s share price rose 13.5% during trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). Approximately 4,323,830 shares traded hands during mid-day trading, an increase of 363% from the average daily volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Trading Up 13.5 %

The stock has a market cap of £312.35 million, a P/E ratio of 1,100.00, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The firm’s 50 day simple moving average is GBX 134.89 and its two-hundred day simple moving average is GBX 143.49. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 59.34.

Halfords Group (LON:HFD) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 7.60 ($0.09) earnings per share (EPS) for the quarter. Halfords Group had a return on equity of 5.22% and a net margin of 1.00%. As a group, equities research analysts predict that Halfords Group plc will post 9.1143911 earnings per share for the current fiscal year.

Halfords Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 12th were paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 2.32%. Halfords Group’s dividend payout ratio is presently 6,153.85%.

About Halfords Group

HALFORDS IS THE UK’S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES.
Through Halfords Autocentres, it is also one of the UK’s leading independent operators in vehicle, servicing, maintenance and repairs.

We are a market-leading business, with unique and differentiated products and services.

Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets…
…We know that our customers want us to be there for them, when they need us.