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

Carr’s Group plc (LON:CARR – Get Rating)’s stock price passed 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 Trading Down 0.8 %

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 50-day moving average is GBX 125.22 and its two-hundred day moving average is GBX 118.21. The stock 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 company also recently declared a dividend, which will be paid on Monday, June 19th. Stockholders of record on Thursday, May 11th will be paid a dividend of GBX 1.18 ($0.01) per share. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, May 11th. Carr’s Group’s dividend payout ratio (DPR) is presently 12,500.00%.

Insider Transactions at Carr’s Group

In other 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 price of GBX 135 ($1.68) per share, with a total value of £198,409.50 ($246,777.99). In other news, insider Peter Page bought 25,500 shares of the firm’s stock in a transaction dated Thursday, May 4th. The stock was acquired at an average price of GBX 124 ($1.54) per share, for a total transaction of £31,620 ($39,328.36). Also, insider Tim Jones bought 146,970 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were purchased at an average price of GBX 135 ($1.68) per share, with a total value of £198,409.50 ($246,777.99). Corporate insiders own 45.59% of the company’s stock.

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.