Kingfisher (OTCMKTS:KGFHY) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Kingfisher plc (OTCMKTS:KGFHYGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.59 and traded as high as $7.26. Kingfisher shares last traded at $7.19, with a volume of 104,639 shares.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Kingfisher in a research report on Wednesday, March 26th. Citigroup reaffirmed a “neutral” rating on shares of Kingfisher in a report on Wednesday, March 26th.

Check Out Our Latest Stock Report on KGFHY

Kingfisher Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30. The business has a 50 day moving average price of $6.59 and a 200 day moving average price of $6.70.

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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