Kingfisher (OTCMKTS:KGFHY) Shares Cross Below 50 Day Moving Average – Here’s Why

Kingfisher plc (OTCMKTS:KGFHYGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.30 and traded as low as $6.20. Kingfisher shares last traded at $6.35, with a volume of 309,921 shares.

Kingfisher Stock Down 11.9 %

The firm has a 50 day moving average of $6.30 and a two-hundred day moving average of $6.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.26.

About Kingfisher

(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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