Carpetright (LON:CPR) Stock Price Passes Below 200 Day Moving Average of $13.61

Carpetright plc (LON:CPR) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.61 and traded as low as $4.86. Carpetright shares last traded at $4.86, with a volume of 41,248 shares.

Several equities analysts have recently issued reports on CPR shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 50 ($0.65) target price on shares of Carpetright in a report on Thursday, October 3rd. Shore Capital reissued a “hold” rating on shares of Carpetright in a report on Monday, November 18th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 50 ($0.65) price target on shares of Carpetright in a report on Thursday, October 3rd.

The company has a debt-to-equity ratio of 86.12, a current ratio of 0.71 and a quick ratio of 0.18. The business has a 50 day moving average price of GBX 6.19 and a 200 day moving average price of GBX 13.41. The stock has a market capitalization of $14.95 million and a PE ratio of -0.62.

About Carpetright (LON:CPR)

Carpetright plc engages in the retail sale of floor coverings, beds, curtains, and blinds. The company also sells its products through online. It operates 545 stores in the United Kingdom, Belgium, the Netherlands, and the Republic of Ireland. Carpetright plc was founded in 1988 and is headquartered in Purfleet, the United Kingdom.

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