Carr’s Group (LON:CARR) Stock Price Crosses Above 50 Day Moving Average of $117.95

Carr’s Group plc (LON:CARR)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 117.95 ($1.46) and traded as high as GBX 130.50 ($1.61). Carr’s Group shares last traded at GBX 130 ($1.61), with a volume of 107,242 shares trading hands.

Analyst Ratings Changes

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

Carr’s Group Stock Performance

The company has a debt-to-equity ratio of 23.86, a current ratio of 2.34 and a quick ratio of 1.04. The stock has a market capitalization of £120.86 million, a PE ratio of 2,490.00 and a beta of 0.91. The stock has a 50 day moving average of GBX 117.95 and a two-hundred day moving average of GBX 114.91.

Carr’s Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd will be paid a GBX 2.35 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 2.05%.

Carr’s Group Company Profile

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.