Carr’s Group (LON:CARR) Share Price Passes Above 50-Day Moving Average of $124.79

Carr’s Group plc (LON:CARR – Get Rating) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 124.79 ($1.55) and traded as high as GBX 144.87 ($1.80). Carr’s Group shares last traded at GBX 142.50 ($1.77), with a volume of 56,962 shares changing hands.

Carr’s Group Stock Performance

The company has a debt-to-equity ratio of 18.26, a quick ratio of 1.04 and a current ratio of 2.62. The business’s fifty day simple moving average is GBX 125.22 and its 200-day simple moving average is GBX 118.21. The firm has a market capitalization of £136.34 million, a PE ratio of 3,583.75 and a beta of 1.17.

Carr’s Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 19th. Shareholders of record on Thursday, May 11th will be issued a dividend of GBX 1.18 ($0.01) per share. This represents a yield of 0.93%. The ex-dividend date is Thursday, May 11th. Carr’s Group’s dividend payout ratio (DPR) is currently 12,500.00%.

Insider Activity at Carr’s Group

In other Carr’s Group news, insider Tim Jones bought 146,970 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average cost of GBX 135 ($1.68) per share, with a total value of £198,409.50 ($246,777.99). In other Carr’s Group news, insider Tim Jones acquired 146,970 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was bought at an average cost of GBX 135 ($1.68) per share, with a total value of £198,409.50 ($246,777.99). Also, insider Peter Page purchased 25,500 shares of the firm’s stock in a transaction on Thursday, May 4th. The shares were purchased at an average cost of GBX 124 ($1.54) per share, with a total value of £31,620 ($39,328.36). 45.59% of the stock is currently owned by insiders.

Carr’s Group Company Profile

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Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment manufactures and supplies supplementation products for livestock. It offers feed blocks under the Crystalyx, Horslyx, and SmartLic brands; boluses under the Tracesure brand; and protein products under the AminoMax brand.