Carr’s Group (LON:CARR) Stock Price Passes Above Fifty Day Moving Average of $101.72

Carr’s Group plc (LON:CARRGet Rating)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 101.72 ($1.20) and traded as high as GBX 106.21 ($1.26). Carr’s Group shares last traded at GBX 105 ($1.24), with a volume of 82,308 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “hold” rating on shares of Carr’s Group in a report on Wednesday, August 31st.

Carr’s Group Price Performance

The firm has a market cap of £98.26 million and a PE ratio of 1,312.50. The firm has a fifty day simple moving average of GBX 101.72 and a two-hundred day simple moving average of GBX 121.56. The company has a debt-to-equity ratio of 52.34, a quick ratio of 1.04 and a current ratio of 1.49.

About Carr’s Group

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Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment manufactures and supplies supplementation products for livestock. It offers feed blocks under the Crystalyx, Horslyx, and SmartLic brands; boluses under the Tracesure brand; and protein products under the AminoMax brand.

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