Pets at Home Group (LON:PETS) Stock Price Crosses Above 50 Day Moving Average of $274.70

Pets at Home Group Plc (LON:PETS)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 274.70 ($3.39) and traded as high as GBX 285.80 ($3.53). Pets at Home Group shares last traded at GBX 282.60 ($3.49), with a volume of 243,204 shares.

Analyst Ratings Changes

A number of analysts have weighed in on PETS shares. Berenberg Bank lowered shares of Pets at Home Group to a “hold” rating and lowered their price target for the stock from GBX 440 ($5.43) to GBX 390 ($4.82) in a research report on Wednesday, January 31st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 425 ($5.25) target price on shares of Pets at Home Group in a research report on Wednesday, March 20th.

Pets at Home Group Stock Down 0.1 %

The company has a debt-to-equity ratio of 45.27, a quick ratio of 0.57 and a current ratio of 0.65. The company has a market capitalization of £1.32 billion, a price-to-earnings ratio of 1,766.25, a P/E/G ratio of 2.66 and a beta of 0.56. The stock’s fifty day simple moving average is GBX 274.70 and its two-hundred day simple moving average is GBX 292.75.

Pets at Home Group Company Profile

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.