Halfords Group (LON:HFD) Shares Up 13.5% – Here’s Why

Halfords Group plc (LON:HFD) shares traded up 13.5% during trading on Tuesday . The stock traded as high as GBX 153.60 ($1.91) and last traded at GBX 143 ($1.78). 4,323,830 shares changed hands during trading, an increase of 363% from the average session volume of 933,098 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Trading Up 13.5 %

The company has a 50 day moving average of GBX 134.93 and a 200 day moving average of GBX 143.47. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The stock has a market capitalization of £312.35 million, a price-to-earnings ratio of 1,100.00, a P/E/G ratio of 2.80 and a beta of 1.62.

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

Halfords Group Cuts Dividend

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

Halfords Group Company Profile

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.