Halfords Group (LON:HFD) Shares Up 14.1% – Here’s What Happened

Halfords Group plc (LON:HFD) shares traded up 14.1% during mid-day trading on Tuesday . The company traded as high as GBX 153.60 ($1.91) and last traded at GBX 143.80 ($1.79). 9,660,308 shares were traded during trading, an increase of 696% from the average session volume of 1,213,965 shares. The stock had previously closed at GBX 126 ($1.57).

Halfords Group Price Performance

The company has a market capitalization of £312.35 million, a price-to-earnings ratio of 1,100.00, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a 50-day moving average price of GBX 134.89 and a 200-day moving average price of GBX 143.49. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91.

Halfords Group (LON:HFD) last issued 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 net margin of 1.00% and a return on equity of 5.22%. On average, equities research analysts expect that Halfords Group plc will post 9.1143911 EPS for the current fiscal year.

Halfords Group Cuts Dividend

The firm 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. This represents a yield of 2.32%. The ex-dividend date of this dividend was Thursday, December 12th. Halfords Group’s 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.