Kingfisher (LON:KGF) Stock Price Down 11.3% – What’s Next?

Kingfisher plc (LON:KGF) shares dropped 11.3% during trading on Tuesday . The stock traded as low as GBX 244.40 ($3.16) and last traded at GBX 248.20 ($3.21). Approximately 364,377,531 shares traded hands during trading, an increase of 807% from the average daily volume of 40,179,844 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Trading Down 11.3 %

The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The business’s 50-day moving average is GBX 250.80 and its two-hundred day moving average is GBX 271.04. The firm has a market cap of £4.39 billion, a P/E ratio of 13.22, a P/E/G ratio of 2.87 and a beta of 0.96.

About Kingfisher

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.