The Character Group (LON:CCT) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

The Character Group plc (LON:CCT)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 245.23 and traded as low as GBX 244. The Character Group shares last traded at GBX 255, with a volume of 14,393 shares.

The Character Group Stock Performance

The stock has a market capitalization of £45.00 million, a P/E ratio of -37.83 and a beta of 0.91. The company’s 50-day moving average is GBX 245.23 and its two-hundred day moving average is GBX 272.10. The company has a current ratio of 1.71, a quick ratio of 1.17 and a debt-to-equity ratio of 5.99.

The Character Group (LON:CCT) last posted its quarterly earnings data on Wednesday, December 17th. The company reported GBX 5.59 earnings per share for the quarter. The Character Group had a return on equity of 14.13% and a net margin of 4.47%. As a group, sell-side analysts anticipate that The Character Group plc will post 14.7856377 EPS for the current fiscal year.

Insider Activity

In related news, insider Hamun Shah bought 3,630 shares of The Character Group stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average price of GBX 239 per share, for a total transaction of £8,675.70. Also, insider Jonathan James Diver sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of GBX 240, for a total value of £19,200. 23.80% of the stock is owned by company insiders.

About The Character Group

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners. The principal markets for our products are our home territories of the UK and Scandinavia but our penetration into other international territories is growing, particularly in the USA and other parts of the EU.