Carr's Group (LON:CARR) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Carr's Group plc (LON:CARR - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 141.31 ($1.93) and traded as low as GBX 136 ($1.86). Carr's Group shares last traded at GBX 136 ($1.86), with a volume of 18,416 shares traded.

Analysts Set New Price Targets

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

Carr's Group Trading Up 2.7%

The stock has a market cap of £136.02 million, a PE ratio of -100.24 and a beta of 0.81. 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 firm has a fifty day simple moving average of GBX 141.31 and a two-hundred day simple moving average of GBX 130.69.

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

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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