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

Carr’s Group plc (LON:CARRGet Free Report) shares 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 changing hands.

Analyst Ratings Changes

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

View Our Latest Research Report on CARR

Carr’s Group Stock Up 2.9 %

The company has a debt-to-equity ratio of 23.86, a quick ratio of 1.04 and a current ratio of 2.34. The firm has a market cap of £126.19 million, a price-to-earnings ratio of 2,490.00 and a beta of 0.91. The firm has a 50-day moving average price of GBX 118.06 and a two-hundred day moving average price of GBX 115.01.

Carr’s Group Cuts Dividend

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

About Carr’s Group

(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.

Further Reading

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