The Character Group (LON:CCT) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

The Character Group plc (LON:CCT)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 284.52 and traded as high as GBX 302.60. The Character Group shares last traded at GBX 302, with a volume of 30,457 shares.

The Character Group Stock Performance

The firm’s fifty day moving average price is GBX 285.28 and its 200-day moving average price is GBX 256.82. The company has a market cap of £53.59 million, a P/E ratio of -34.61 and a beta of 0.19. The company has a current ratio of 2.01, a quick ratio of 1.17 and a debt-to-equity ratio of 2.50.

The Character Group (LON:CCT) last issued its earnings results on Tuesday, May 12th. The company reported GBX 11.06 EPS for the quarter. The firm had revenue of GBX 4,828 million during the quarter. The Character Group had a negative return on equity of 5.25% and a negative net margin of 1.82%. As a group, research analysts forecast that The Character Group plc will post 14.7856377 EPS for the current fiscal year.

Insider Buying and Selling at The Character Group

In other news, insider Kirankumar Premshand Shah acquired 3,334 shares of The Character Group stock in a transaction on Monday, May 18th. The shares were purchased at an average price of GBX 276 per share, with a total value of £9,201.84. Also, insider Jonathan James Diver acquired 1,666 shares of The Character Group stock in a transaction on Monday, May 18th. The shares were purchased at an average cost of GBX 276 per share, for a total transaction of £4,598.16. 23.92% of the stock is currently owned by corporate insiders.

About The Character Group

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.