Kingfisher (LON:KGF) Trading Down 13.4% – What’s Next?

Kingfisher plc (LON:KGF) dropped 13.4% during mid-day trading on Tuesday . The company traded as low as GBX 238.70 ($3.08) and last traded at GBX 242.10 ($3.13). Approximately 367,349,938 shares were traded during trading, an increase of 813% from the average daily volume of 40,230,223 shares. The stock had previously closed at GBX 279.70 ($3.61).

Kingfisher Price Performance

The company’s 50 day simple moving average is GBX 250.80 and its 200 day simple moving average is GBX 271.04. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The stock has a market cap of £4.27 billion, a P/E ratio of 12.88, a P/E/G ratio of 2.87 and a beta of 0.96.

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