Kingfisher (OTCMKTS:KGFHY) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Kingfisher plc (OTCMKTS:KGFHYGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.08 and traded as low as $6.19. Kingfisher shares last traded at $6.23, with a volume of 112,522 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KGFHY. UBS Group upgraded shares of Kingfisher from a “strong sell” rating to a “hold” rating in a research report on Monday, September 23rd. Barclays raised Kingfisher to a “hold” rating in a report on Friday, September 27th.

Check Out Our Latest Report on Kingfisher

Kingfisher Stock Down 1.0 %

The company’s 50 day moving average price is $7.00 and its 200-day moving average price is $7.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.26.

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.

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