Kingfisher (OTCMKTS:KGFHY) Sets New 12-Month High – Here’s What Happened

Shares of Kingfisher PLC (OTCMKTS:KGFHY) reached a new 52-week high during trading on Monday . The stock traded as high as $8.86 and last traded at $8.83, with a volume of 4454 shares trading hands. The stock had previously closed at $8.74.

Analyst Upgrades and Downgrades

KGFHY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Kingfisher from a “hold” rating to a “sell” rating in a report on Wednesday, December 10th. Royal Bank Of Canada raised Kingfisher from a “hold” rating to a “moderate buy” rating in a research note on Friday, October 24th. Barclays reaffirmed an “underweight” rating on shares of Kingfisher in a research note on Tuesday, December 9th. Finally, UBS Group reiterated a “neutral” rating on shares of Kingfisher in a report on Wednesday, December 10th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Kingfisher Trading Up 1.1%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.33 and a current ratio of 1.28. The business has a 50 day moving average price of $8.28 and a 200 day moving average price of $7.80.

About Kingfisher

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.