Carr’s Group (LON:CARR) Shares Pass Below 50 Day Moving Average of $134.69

Carr’s Group plc (LON:CARR)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 134.69 ($1.69) and traded as low as GBX 129.25 ($1.62). Carr’s Group shares last traded at GBX 129.25 ($1.62), with a volume of 4,196 shares trading hands.

Carr’s Group Stock Performance

The stock’s 50-day moving average price is GBX 134.69 and its 200-day moving average price is GBX 130.37. The company has a market cap of £121.69 million, a P/E ratio of 3,231.25 and a beta of 1.12. The company has a debt-to-equity ratio of 18.26, a current ratio of 2.62 and a quick ratio of 1.04.

Carr’s Group Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 24th will be given a GBX 1.18 ($0.01) dividend. The ex-dividend date is Thursday, August 24th. This represents a dividend yield of 0.94%. Carr’s Group’s payout ratio is presently 15,000.00%.

Insider Activity

In other Carr’s Group news, insider Peter Page bought 1,194 shares of Carr’s Group stock in a transaction dated Thursday, July 6th. The stock was bought at an average price of GBX 147 ($1.84) per share, with a total value of £1,755.18 ($2,196.45). In other news, insider Stuart Lorimer acquired 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average price of GBX 125 ($1.56) per share, with a total value of £5,000 ($6,257.04). Also, insider Peter Page acquired 1,194 shares of the business’s stock in a transaction that occurred on Thursday, July 6th. The shares were purchased at an average cost of GBX 147 ($1.84) per share, with a total value of £1,755.18 ($2,196.45). 35.79% of the stock is currently owned by company insiders.

Carr’s Group Company Profile

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Speciality 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.