Pets at Home Group (LON:PETS) Hits New 12-Month Low – Here’s Why

Shares of Pets at Home Group Plc (LON:PETS) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 211 ($2.65) and last traded at GBX 212.60 ($2.67), with a volume of 1292175 shares. The stock had previously closed at GBX 213 ($2.68).

Pets at Home Group Stock Down 0.7 %

The company’s fifty day simple moving average is GBX 270.35 and its 200 day simple moving average is GBX 291.08. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 43.13. The firm has a market capitalization of £949.27 million, a PE ratio of 1,294.89, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69.

Pets at Home Group Cuts Dividend

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

Insider Activity at Pets at Home Group

In related news, insider Lyssa McGowan purchased 42,294 shares of the stock in a transaction dated Thursday, November 28th. The stock was purchased at an average price of GBX 236 ($2.97) per share, with a total value of £99,813.84 ($125,441.55). 1.80% of the stock is currently owned by corporate 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.