Carr’s Group (LON:CARR) Stock Price Crosses Below Two Hundred Day Moving Average of $150.29

Carr’s Group plc (LON:CARR)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 150.29 ($1.96) and traded as low as GBX 136.58 ($1.78). Carr’s Group shares last traded at GBX 148.75 ($1.94), with a volume of 556,510 shares traded.

Separately, Shore Capital reaffirmed a “hold” rating on shares of Carr’s Group in a research note on Monday, July 19th.

The stock has a market cap of £146.20 million and a PE ratio of 16.66. The business has a 50-day moving average of GBX 158.45 and a 200 day moving average of GBX 150.30. The company has a debt-to-equity ratio of 36.99, a quick ratio of 1.14 and a current ratio of 1.66.

The business also recently disclosed a dividend, which was paid on Friday, October 1st. Investors of record on Thursday, August 26th were given a dividend of GBX 1.18 ($0.02) per share. This represents a yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 26th. Carr’s Group’s dividend payout ratio is presently 0.52%.

In related news, insider Hugh Pelham acquired 80,000 shares of the company’s stock in a transaction that occurred on Thursday, July 22nd. The stock was purchased at an average price of GBX 157 ($2.05) per share, for a total transaction of £125,600 ($164,097.20).

Carr’s Group Company Profile (LON:CARR)

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment develops, manufactures, and distributes a range of livestock supplementation products; and various compound and blended feeds for livestock. This segment offers feed blocks under the Crystalyx, Horslyx, SmartLic, and Megastart brands; and boluses under the Tracesure and Allsure brands.

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