Free Trial

Carr's Group (LON:CARR) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Carr's Group logo with Consumer Defensive background

Carr's Group plc (LON:CARR - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 130.16 ($1.76) and traded as high as GBX 155 ($2.09). Carr's Group shares last traded at GBX 155 ($2.09), with a volume of 76,384 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "hold" rating on shares of Carr's Group in a research note on Wednesday, May 21st.

Get Our Latest Research Report on CARR

Carr's Group Stock Down 3.2%

The company has a current ratio of 2.69, a quick ratio of 1.04 and a debt-to-equity ratio of 6.73. The business's fifty day moving average price is GBX 131.65 and its two-hundred day moving average price is GBX 126.41. The firm has a market cap of £146.54 million, a P/E ratio of -107.99 and a beta of 0.81.

Carr's Group (LON:CARR - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported GBX 5.10 ($0.07) earnings per share for the quarter. Carr's Group had a negative return on equity of 1.34% and a negative net margin of 0.93%. As a group, equities research analysts anticipate that Carr's Group plc will post 8.8356164 EPS for the current year.

Carr's Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 10th. Investors of record on Thursday, January 23rd were paid a GBX 2.85 ($0.04) dividend. This represents a dividend yield of 2.46%. This is an increase from Carr's Group's previous dividend of $2.35. The ex-dividend date was Thursday, January 23rd. Carr's Group's dividend payout ratio (DPR) is presently -574.04%.

Carr's Group Company Profile

(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.

Featured Articles

Should You Invest $1,000 in Carr's Group Right Now?

Before you consider Carr's Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carr's Group wasn't on the list.

While Carr's Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines