Kingfisher (OTCMKTS:KGFHY) Sees Unusually-High Trading Volume – Here’s Why

Kingfisher PLC (OTCMKTS:KGFHYGet Free Report) shares saw strong trading volume on Thursday . 68,639 shares changed hands during trading, a decline of 44% from the previous session’s volume of 122,042 shares.The stock last traded at $7.69 and had previously closed at $7.50.

Analysts Set New Price Targets

Separately, Barclays raised Kingfisher from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Kingfisher has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Kingfisher

Kingfisher Trading Up 0.5%

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.21 and a quick ratio of 0.27. The business has a 50-day simple moving average of $7.82 and a 200-day simple moving average of $8.37.

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.

See Also

Receive News & Ratings for Kingfisher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingfisher and related companies with MarketBeat.com's FREE daily email newsletter.