Carr's Group (LON:CARR) Earns Hold Rating from Shore Capital

Key Points

• Carr's Group's stock received a "hold" rating from Shore Capital, reflecting market stability amid prior fluctuations.
• The stock saw a 4.4% increase, with a market capitalization of £137.16 million and significant insider selling amounting to over £19 million in the last ninety days.
• With a debt-to-equity ratio of 6.73, Carr's Group focuses on enhancing livestock productivity through its research-based agricultural products.

Carr's Group (LON:CARR - Get Free Report)'s stock had its "hold" rating reiterated by Shore Capital in a research note issued to investors on Thursday,London Stock Exchange reports.

Carr's Group Stock Up 4.4%

CARR stock opened at GBX 140.88 on Thursday. The company has a quick ratio of 1.04, a current ratio of 2.69 and a debt-to-equity ratio of 6.73. The business has a 50 day moving average price of GBX 146.08 and a two-hundred day moving average price of GBX 139.14. The company has a market cap of £137.16 million, a price-to-earnings ratio of -101.08 and a beta of 0.81. Carr's Group has a twelve month low of GBX 101.50 and a twelve month high of GBX 162.

Insider Buying and Selling

In other Carr's Group news, insider Gillian Watson sold 17,272 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of GBX 163, for a total value of £28,153.36. Also, insider Josh Hoopes sold 12,968 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of GBX 163, for a total value of £21,137.84. Insiders have sold 121,627 shares of company stock valued at $19,825,201 in the last ninety days. 37.57% of the stock is owned by company insiders.

About Carr's Group

Carr's Group plc is an international, pure-play specialist agriculture manufacturer and provider of research-proven, value-added livestock supplements. Carr's Group's mission is to drive sustainable global food security through enhancements to pasture grazing productivity, enabled by research-based products that optimise livestock performance and profitability for farmers.

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