Carr’s Group (LON:CARR) Stock Price Passes Above 50-Day Moving Average of $138.79

Carr’s Group plc (LON:CARRGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 138.79 ($1.76) and traded as high as GBX 146 ($1.85). Carr’s Group shares last traded at GBX 146 ($1.85), with a volume of 15,520 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of Carr’s Group in a research report on Thursday, April 18th.

Get Our Latest Stock Analysis on Carr’s Group

Carr’s Group Price Performance

The firm has a market capitalization of £141.10 million, a PE ratio of -14,600.00 and a beta of 0.87. The business’s 50 day moving average is GBX 138.79 and its two-hundred day moving average is GBX 123.53. The company has a debt-to-equity ratio of 18.73, a quick ratio of 1.04 and a current ratio of 2.39.

Carr’s Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd were issued a dividend of GBX 2.35 ($0.03) per share. The ex-dividend date was Thursday, May 2nd. This represents a yield of 2.05%. Carr’s Group’s dividend payout ratio (DPR) is -80,000.00%.

Insiders Place Their Bets

In other news, insider Gillian Watson purchased 37,254 shares of the stock in a transaction dated Friday, May 10th. The shares were purchased at an average cost of GBX 136 ($1.72) per share, with a total value of £50,665.44 ($64,084.80). 28.64% of the stock is owned by corporate insiders.

Carr’s Group Company Profile

(Get Free Report)

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. Its Speciality Agriculture segment manufactures and supplies feed blocks, minerals and boluses containing trace elements, and minerals for livestock under the Crystalyx, Horslyx, SmartLic, Tracesure, and AminoMax brands.

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