Carr’s Group (LON:CARR) Share Price Passes Above 50-Day Moving Average – What’s Next?

Carr’s Group plc (LON:CARR)’s share price 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 Price Performance

The firm has a market capitalization of £70.15 million, a P/E ratio of -7,974.12 and a beta of 0.81. The business’s fifty day moving average price is GBX 135.56 and its two-hundred day moving average price is GBX 138.79. The company has a debt-to-equity ratio of 6.73, a quick ratio of 1.04 and a current ratio of 2.69.

Carr’s Group Company Profile

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.