HORNBACH Holding AG & Co. KGaA (ETR:HBH) Stock Passes Above 50-Day Moving Average of $94.08

HORNBACH Holding AG & Co. KGaA (ETR:HBH) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of €94.08 ($110.68) and traded as high as €102.00 ($120.00). HORNBACH Holding AG & Co. KGaA shares last traded at €102.00 ($120.00), with a volume of 46,856 shares.

Several equities research analysts have recently weighed in on the stock. Warburg Research set a €119.00 ($140.00) price objective on shares of HORNBACH Holding AG & Co. KGaA and gave the stock a “buy” rating in a research report on Friday, June 25th. DZ Bank restated a “buy” rating on shares of HORNBACH Holding AG & Co. KGaA in a report on Monday, June 28th.

The stock has a market capitalization of $1.66 billion and a P/E ratio of 10.10. The business’s 50 day simple moving average is €94.08 and its two-hundred day simple moving average is €88.18. The company has a quick ratio of 0.73, a current ratio of 1.91 and a debt-to-equity ratio of 81.20.

About HORNBACH Holding AG & Co. KGaA (ETR:HBH)

HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. The company's stationary stores offer approximately 50,000 articles in various divisions, including hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden.

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