Pets at Home Group (LON:PETS) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Pets at Home Group Plc (LON:PETS)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 273.19 ($3.40) and traded as low as GBX 221.60 ($2.76). Pets at Home Group shares last traded at GBX 222.40 ($2.77), with a volume of 1,897,929 shares.

Pets at Home Group Price Performance

The stock has a 50 day simple moving average of GBX 220.73 and a 200-day simple moving average of GBX 273.19. The firm has a market cap of £1.02 billion, a PE ratio of 1,390.00, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13.

Pets at Home Group (LON:PETS) last posted its quarterly earnings results on Wednesday, November 27th. The company reported GBX 8.40 ($0.10) earnings per share for the quarter. Pets at Home Group had a return on equity of 7.87% and a net margin of 5.36%. Equities analysts anticipate 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 business also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 5th were paid a GBX 4.70 ($0.06) dividend. This represents a yield of 1.7%. The ex-dividend date was Thursday, December 5th. Pets at Home Group’s payout ratio is currently 8,125.00%.

Insider Activity

In other Pets at Home Group news, insider Lyssa McGowan acquired 42,294 shares of the stock in a transaction on Thursday, November 28th. The stock was acquired at an average price of GBX 236 ($2.94) per share, for a total transaction of £99,813.84 ($124,270.22). 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.