Pets at Home Group (LON:PETS) Hits New 52-Week Low – Should You Sell?

Pets at Home Group Plc (LON:PETS) reached a new 52-week low on Wednesday . The company traded as low as GBX 246.20 ($3.13) and last traded at GBX 258.20 ($3.28), with a volume of 787280 shares traded. The stock had previously closed at GBX 277 ($3.52).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 350 ($4.44) price objective on shares of Pets at Home Group in a research report on Thursday, August 1st.

Pets at Home Group Stock Up 1.2 %

The stock has a market cap of £1.07 billion, a price-to-earnings ratio of 1,455.00, a P/E/G ratio of 2.66 and a beta of 0.69. The business has a fifty day moving average of GBX 295.32 and a 200 day moving average of GBX 298.15. The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57.

Pets at Home Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 4.70 ($0.06) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 1.7%. Pets at Home Group’s dividend payout ratio (DPR) is 8,125.00%.

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.