Pets at Home Group (LON:PETS) Trading Up 8% – Here’s What Happened

Pets at Home Group Plc (LON:PETS)’s share price traded up 8% during trading on Wednesday . The company traded as high as GBX 270 ($3.42) and last traded at GBX 248.80 ($3.15). 4,096,651 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 3,062,594 shares. The stock had previously closed at GBX 230.40 ($2.92).

Pets at Home Group Stock Performance

The firm’s 50-day simple moving average is GBX 214.16 and its two-hundred day simple moving average is GBX 263.45. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13. The stock has a market capitalization of £1.20 billion, a PE ratio of 16.02, a PEG ratio of 2.66 and a beta of 0.69.

Pets at Home Group (LON:PETS) last issued its quarterly earnings results on Wednesday, November 27th. The company reported GBX 8.40 ($0.11) earnings per share for the quarter. Pets at Home Group had a return on equity of 8.05% and a net margin of 5.36%. On average, equities research analysts expect that Pets at Home Group Plc will post 22.67844 earnings per share for the current fiscal year.

Insider Buying and Selling at Pets at Home Group

In related news, insider Lyssa McGowan bought 42,294 shares of the firm’s stock in a transaction on Thursday, November 28th. The stock was bought at an average price of GBX 236 ($2.99) per share, with a total value of £99,813.84 ($126,506.77). Company insiders own 1.80% of the company’s stock.

Pets at Home Group Company Profile

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners.