Carr’s Group (LON:CARR) Stock Crosses Below 200-Day Moving Average – What’s Next?

Posted by Lorenzo Tanos on Jan 3rd, 2025

Shares of Carr’s Group plc (LON:CARR – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 128.03 ($1.58) and traded as low as GBX 117 ($1.45). Carr’s Group shares last traded at GBX 117 ($1.45), with a volume of 40 shares trading hands.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on Carr’s Group

Carr’s Group Trading Down 4.7 %

The firm has a market capitalization of £104.82 million, a PE ratio of -11,100.00 and a beta of 0.81. The firm has a 50 day simple moving average of GBX 117.90 and a 200 day simple moving average of GBX 127.95. The company has a current ratio of 2.39, a quick ratio of 1.04 and a debt-to-equity ratio of 18.73.

Carr’s Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 10th. Investors of record on Thursday, January 23rd will be given a dividend of GBX 2.85 ($0.04) per share. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Carr’s Group’s previous dividend of $2.35. This represents a dividend yield of 2.46%. Carr’s Group’s dividend payout ratio (DPR) is -80,000.00%.

About Carr’s Group

(Get Free Report)

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. Its Speciality Agriculture segment manufactures and supplies feed blocks, minerals and boluses containing trace elements, and minerals for livestock under the Crystalyx, Horslyx, SmartLic, Tracesure, and AminoMax brands.