The Character Group (LON:CCT) Shares Cross Above Fifty Day Moving Average – What’s Next?

The Character Group plc (LON:CCT)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 242.87 and traded as high as GBX 246. The Character Group shares last traded at GBX 240.80, with a volume of 61,311 shares trading hands.

The Character Group Stock Down 1.9%

The company has a market cap of £41.55 million, a P/E ratio of -34.93 and a beta of 0.91. The company has a quick ratio of 1.17, a current ratio of 1.71 and a debt-to-equity ratio of 5.99. The business’s 50 day moving average is GBX 242.87 and its 200 day moving average is GBX 267.51.

The Character Group (LON:CCT) last issued 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, equities analysts anticipate that The Character Group plc will post 14.7856377 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Hamun Shah bought 3,630 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of GBX 239 per share, for a total transaction of £8,675.70. Also, insider Kirankumar Premshand Shah sold 17,119 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of GBX 239, for a total transaction of £40,914.41. Company insiders own 23.80% of the company’s stock.

The Character Group Company Profile

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.