Kingfisher (OTCMKTS:KGFHY) Shares Gap Up – Here’s What Happened

Shares of Kingfisher PLC (OTCMKTS:KGFHY) gapped up before the market opened on Tuesday . The stock had previously closed at $8.30, but opened at $9.07. Kingfisher shares last traded at $9.11, with a volume of 47,965 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised Kingfisher from a “sell” rating to a “hold” rating in a research report on Thursday, September 17th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Kingfisher Stock Up 9.9%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.27 and a current ratio of 1.21. The company’s 50 day moving average price is $8.34 and its two-hundred day moving average price is $8.01.

About Kingfisher

Kingfisher plc is a home improvement retailer headquartered in the United Kingdom. The company sells do-it-yourself, home renovation, and trade products through a portfolio of retail banners, serving consumers and professional customers with merchandise such as building materials, hardware, tools, paint, garden supplies, kitchens, bathrooms, and related services.

Its principal brands include B&Q and Screwfix in the United Kingdom and Ireland, as well as Castorama and Brico Dépôt in France.