Kingfisher (LON:KGF) Shares Down 13% – Time to Sell?

Kingfisher plc (LON:KGF)’s stock price dropped 13% during trading on Tuesday . The stock traded as low as GBX 238.70 ($3.08) and last traded at GBX 243.27 ($3.14). Approximately 367,251,000 shares changed hands during trading, an increase of 813% from the average daily volume of 40,228,547 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Trading Down 13.6 %

The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. The stock has a market capitalization of £4.27 billion, a PE ratio of 12.88, a PEG ratio of 2.87 and a beta of 0.96. The business’s 50-day moving average is GBX 250.80 and its two-hundred day moving average is GBX 271.04.

Kingfisher (LON:KGF) last posted its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. On average, analysts anticipate that Kingfisher plc will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.