CVS Group (LON:CVSG) Stock Crosses Below 200 Day Moving Average of $1,413.63

CVS Group plc (LON:CVSG)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,413.63 ($17.76) and traded as low as GBX 931 ($11.70). CVS Group shares last traded at GBX 975 ($12.25), with a volume of 619,639 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,370 ($29.77) target price on shares of CVS Group in a research note on Thursday, February 29th.

CVS Group Stock Down 0.8 %

The company has a market capitalization of £693.12 million, a P/E ratio of 1,960.00, a PEG ratio of 1.77 and a beta of 0.95. The company has a debt-to-equity ratio of 100.75, a current ratio of 1.15 and a quick ratio of 0.90. The company has a 50 day moving average of GBX 1,078.49 and a 200-day moving average of GBX 1,413.63.

About CVS Group

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.