Pets at Home Group (LON:PETS) Share Price Passes Below 200 Day Moving Average – What’s Next?

Pets at Home Group Plc (LON:PETS) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 267.06 ($3.36) and traded as low as GBX 227.60 ($2.86). Pets at Home Group shares last traded at GBX 227.60 ($2.86), with a volume of 568,590 shares trading hands.

Pets at Home Group Stock Performance

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 firm’s 50 day simple moving average is GBX 214.30 and its 200 day simple moving average is GBX 267.06. The firm has a market capitalization of £1.04 billion, a price-to-earnings ratio of 13.84, a PEG ratio of 2.66 and a beta of 0.69.

Pets at Home Group (LON:PETS) last posted its earnings results on Wednesday, November 27th. The company reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Pets at Home Group had a net margin of 5.36% and a return on equity of 8.05%. Sell-side analysts forecast that Pets at Home Group Plc will post 22.67844 earnings per share for the current fiscal year.

Pets at Home Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 5th were paid a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, December 5th. Pets at Home Group’s dividend payout ratio is currently 79.03%.

Insider Activity at Pets at Home Group

In related news, insider Lyssa McGowan purchased 42,294 shares of the business’s stock in a transaction that occurred on Thursday, November 28th. The stock was bought at an average price of GBX 236 ($2.97) per share, with a total value of £99,813.84 ($125,631.01). Company insiders own 1.80% of the company’s stock.

Pets at Home Group Company Profile

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.