Pets at Home Group PLC (LON:PETS)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $210.21 and traded as low as $221.53. Pets at Home Group shares last traded at $228.00, with a volume of 1,135,548 shares.
PETS has been the subject of a number of research reports. Goldman Sachs Group raised their price target on shares of Pets at Home Group from GBX 140 ($1.83) to GBX 155 ($2.03) and gave the stock a “sell” rating in a report on Tuesday, August 6th. Numis Securities restated a “buy” rating and issued a GBX 225 ($2.94) price target on shares of Pets at Home Group in a report on Wednesday, May 29th. Shore Capital restated a “hold” rating on shares of Pets at Home Group in a report on Friday, August 2nd. Berenberg Bank raised their price target on shares of Pets at Home Group from GBX 130 ($1.70) to GBX 175 ($2.29) and gave the stock a “hold” rating in a report on Thursday, May 30th. Finally, Liberum Capital restated an “under review” rating on shares of Pets at Home Group in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Pets at Home Group presently has an average rating of “Hold” and an average price target of GBX 165.33 ($2.16).
The stock has a market capitalization of $1.12 billion and a price-to-earnings ratio of 38.00. The business’s fifty day moving average price is GBX 210.92 and its 200-day moving average price is GBX 171.60. The company has a debt-to-equity ratio of 19.85, a current ratio of 0.91 and a quick ratio of 0.41.
In other news, insider Peter Pritchard sold 23,683 shares of Pets at Home Group stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).
About Pets at Home Group (LON:PETS)
Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.
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