Pets at Home Group (LON:PETS) Stock Crosses Below 200 Day Moving Average of $295.83

Pets at Home Group Plc (LON:PETS)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 295.83 ($3.74) and traded as low as GBX 277.55 ($3.51). Pets at Home Group shares last traded at GBX 279.60 ($3.54), with a volume of 801,915 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 425 ($5.38) price target on shares of Pets at Home Group in a report on Wednesday, March 20th. Berenberg Bank lowered shares of Pets at Home Group to a “hold” rating and decreased their price target for the company from GBX 440 ($5.57) to GBX 390 ($4.94) in a report on Wednesday, January 31st.

Pets at Home Group Stock Up 0.7 %

The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 1,747.50, a P/E/G ratio of 2.66 and a beta of 0.56. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 45.27. The stock’s 50-day moving average price is GBX 274.81 and its 200-day moving average price is GBX 295.83.

Pets at Home Group Company Profile

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.