Pets at Home Group (LON:PETS) Stock Crosses Above Fifty Day Moving Average of $274.70

Shares of Pets at Home Group Plc (LON:PETS) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 274.70 ($3.39) and traded as high as GBX 285.80 ($3.53). Pets at Home Group shares last traded at GBX 282.60 ($3.49), with a volume of 243,204 shares traded.

Wall Street Analyst Weigh In

PETS has been the topic of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 425 ($5.25) target price on shares of Pets at Home Group in a research report on Wednesday, March 20th. Berenberg Bank lowered Pets at Home Group to a “hold” rating and dropped their price objective for the company from GBX 440 ($5.43) to GBX 390 ($4.82) in a report on Wednesday, January 31st.

Pets at Home Group Stock Performance

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 firm’s fifty day moving average is GBX 274.68 and its 200 day moving average is GBX 292.41. The company has a market cap of £1.33 billion, a PE ratio of 1,771.25, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56.

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.