Kingfisher (OTCMKTS:KGFHY) Shares Pass Below 50 Day Moving Average – Here’s Why

Kingfisher plc (OTCMKTS:KGFHYGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.13 and traded as low as $6.00. Kingfisher shares last traded at $6.03, with a volume of 77,558 shares.

Kingfisher Price Performance

The company has a 50-day moving average of $6.13 and a 200 day moving average of $7.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.26.

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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