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

Kingfisher plc (LON:KGF) shares were down 13.4% 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 mid-day 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 fifty day moving average price is GBX 250.80 and its two-hundred day moving average price is GBX 271.04. 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 company has a market cap of £4.27 billion, a price-to-earnings ratio of 12.88, a PEG ratio of 2.87 and a beta of 0.96.

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

About Kingfisher

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.