The Character Group (LON:CCT) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of The Character Group plc (LON:CCT) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 273.05 ($3.33) and traded as low as GBX 268 ($3.27). The Character Group shares last traded at GBX 268.25 ($3.28), with a volume of 32,164 shares.

The Character Group Stock Performance

The company has a debt-to-equity ratio of 2.36, a current ratio of 2.66 and a quick ratio of 1.17. The company has a market capitalization of £50.35 million, a price-to-earnings ratio of 958.04 and a beta of 0.91. The firm has a fifty day simple moving average of GBX 273.05 and a 200 day simple moving average of GBX 280.73.

The Character Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be given a dividend of GBX 11 ($0.13) per share. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from The Character Group’s previous dividend of $8.00. The Character Group’s dividend payout ratio is 6,785.71%.

The Character Group Company Profile

The Character Group plc designs, develops, manufactures, and distributes toys, games, and gifts in the United Kingdom, Scandinavia, the Far East, and internationally. The company sells its products under the Goo Jit Zu, Chill Factor, Shimmer n Sparkle, Weebles, and Stretch Armstrong brands. It also imports and distributes gifts; and invests in properties.