Carr's Group (LON:CARR) Stock Crosses Above Fifty Day Moving Average - Here's Why

Carr's Group plc (LON:CARR - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 139.23 ($1.87) and traded as high as GBX 151 ($2.03). Carr's Group shares last traded at GBX 148.50 ($2.00), with a volume of 9,343 shares trading hands.

Analyst Upgrades and Downgrades

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

Carr's Group Trading Down 0.3%

The business has a 50 day simple moving average of GBX 140.55 and a two-hundred day simple moving average of GBX 130.33. 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 stock has a market cap of £140.69 million, a price-to-earnings ratio of -103.69 and a beta of 0.81.

Carr's Group (LON:CARR - Get Free Report) last released its quarterly 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 net margin of 0.93% and a negative return on equity of 1.34%. As a group, equities analysts anticipate that Carr's Group plc will post 8.8356164 EPS for the current year.

Carr's Group Company Profile

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.