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

Pets at Home Group Plc (LON:PETS)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 227.60 ($2.90) and last traded at GBX 228.17 ($2.91), with a volume of 1897646 shares traded. The stock had previously closed at GBX 237 ($3.02).

Pets at Home Group Price Performance

The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57. The stock has a 50 day moving average price of GBX 287.01 and a 200-day moving average price of GBX 295.59. The stock has a market capitalization of £1.07 billion, a price-to-earnings ratio of 1,453.75, 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 declared 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 of this dividend is Thursday, December 5th. Pets at Home Group’s dividend payout ratio is presently 8,125.00%.

Insider Transactions at Pets at Home Group

In related news, insider Lyssa McGowan acquired 42,294 shares of the stock in a transaction on Thursday, November 28th. The shares were bought at an average price of GBX 236 ($3.01) per share, with a total value of £99,813.84 ($127,248.65). Corporate insiders own 1.80% of the company’s stock.

About Pets at Home Group

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.