Pets at Home Group (LON:PETS) Reaches New 52-Week Low – Here’s Why

Shares of Pets at Home Group Plc (LON:PETS) reached a new 52-week low on Friday . The company traded as low as GBX 224 ($2.83) and last traded at GBX 224.80 ($2.84), with a volume of 598583 shares. The stock had previously closed at GBX 229 ($2.89).

Pets at Home Group Trading Down 1.9 %

The firm has a market cap of £1.03 billion, a P/E ratio of 1,403.75, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The firm has a fifty day simple moving average of GBX 279.77 and a 200-day simple moving average of GBX 293.64. The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57.

Pets at Home Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 5th will be given a GBX 4.70 ($0.06) dividend. This represents a yield of 1.7%. The ex-dividend date of this dividend is Thursday, December 5th. Pets at Home Group’s payout ratio is currently 8,125.00%.

Insider Buying and Selling at Pets at Home Group

In related news, insider Lyssa McGowan purchased 42,294 shares of the business’s stock in a transaction on Thursday, November 28th. The stock was acquired at an average price of GBX 236 ($2.98) per share, for a total transaction of £99,813.84 ($125,979.86). 1.80% of the stock is currently owned by company insiders.

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.