Carr’s Group (LON:CARR) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Carr’s Group plc (LON:CARR) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 135.56 and traded as high as GBX 135.56. Carr’s Group shares last traded at GBX 135.56, with a volume of 91,954 shares.

Carr’s Group Trading Up 1.9%

The stock’s fifty day simple moving average is GBX 135.56 and its two-hundred day simple moving average is GBX 138.90. The firm has a market cap of £70.15 million, a PE ratio of -7,974.12 and a beta of 0.81. The company has a quick ratio of 1.04, a current ratio of 2.69 and a debt-to-equity ratio of 6.73.

About Carr’s Group

Carr’s Group plc is an international, pure-play specialist agriculture manufacturer and provider of research-proven, value-added livestock supplements.

Carr’s Group’s mission is to drive sustainable global food security through enhancements to pasture grazing productivity, enabled by research-based products that optimise livestock performance and profitability for farmers. The Group produces nutritional animal supplements including feed licks, blocks, bagged minerals, and boluses for cattle, sheep, goats and horses.