Carr’s Group (LON:CARR) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Posted by Lisa Durand on Jan 11th, 2025

Shares of Carr’s Group plc (LON:CARR – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 126.76 ($1.55) and traded as low as GBX 102 ($1.25). Carr’s Group shares last traded at GBX 102 ($1.25), with a volume of 42,348 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “hold” rating on shares of Carr’s Group in a research note on Thursday, December 12th.

Check Out Our Latest Research Report on CARR

Carr’s Group Stock Performance

The company has a quick ratio of 1.04, a current ratio of 2.39 and a debt-to-equity ratio of 18.73. The firm has a 50-day moving average price of GBX 117.65 and a two-hundred day moving average price of GBX 126.76. The firm has a market cap of £101.04 million, a PE ratio of -10,700.00 and a beta of 0.81.

Carr’s Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 10th. Shareholders of record on Thursday, January 23rd will be issued a GBX 2.85 ($0.03) dividend. The ex-dividend date is Thursday, January 23rd. This represents a yield of 2.46%. This is a positive change from Carr’s Group’s previous dividend of $2.35. Carr’s Group’s dividend payout ratio (DPR) is presently -80,000.00%.

About Carr’s Group

(Get Free Report)

Carr’s is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr’s operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.