Carr's Group (LON:CARR) Given "Hold" Rating at Shore Capital

Key Points

• Carr's Group has been given a "hold" rating by Shore Capital, indicating no immediate recommendation for investors to buy or sell the stock.
• The company's current stock price is GBX 143, with a market cap of £74 million and price-to-earnings ratio of -8,411.82.
• Insider trading activity includes significant sales, with insiders selling a total of 121,627 shares recently, though they have also purchased 88,163 shares in the last 90 days.

Carr's Group (LON:CARR - Get Free Report)'s stock had its "hold" rating reissued by equities research analysts at Shore Capital in a report released on Tuesday,Digital Look reports.

Carr's Group Stock Performance

LON:CARR opened at GBX 143 on Tuesday. The company has a market cap of £74.00 million, a price-to-earnings ratio of -8,411.82 and a beta of 0.81. Carr's Group has a 1 year low of GBX 101.50 and a 1 year high of GBX 162. The stock's 50 day simple moving average is GBX 143.02 and its two-hundred day simple moving average is GBX 139.61. The company has a debt-to-equity ratio of 6.73, a current ratio of 2.69 and a quick ratio of 1.04.

Insider Buying and Selling

In other Carr's Group news, insider Gillian Watson sold 17,272 shares of Carr's Group stock in a transaction on Monday, June 30th. The shares were sold at an average price of GBX 163, for a total transaction of £28,153.36. Also, insider Stuart Lorimer sold 1,816 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of GBX 163, for a total transaction of £2,960.08. In the last 90 days, insiders have bought 88,163 shares of company stock worth $505,429,820 and have sold 121,627 shares worth $19,825,201. 7.04% of the stock is currently 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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