Carr's Group plc (LON:CARR) Insider Tim Jones Acquires 33,850 Shares

Key Points

• Insider Tim Jones acquired 33,850 shares of Carr's Group stock at an average price of £147 per share, amounting to a total transaction of approximately £4.98 million.
• On August 7th, Carr's Group shares saw a decrease in trading, closing at GBX 140, compared to a 50-day moving average of GBX 147.26.
• Analysts at Shore Capital have reiterated a "hold" rating for Carr's Group shares, indicating a cautious outlook on the stock's performance.

Carr's Group plc (LON:CARR - Get Free Report) insider Tim Jones acquired 33,850 shares of the business's stock in a transaction on Thursday, August 7th. The stock was acquired at an average price of £147 ($199.62) per share, with a total value of £4,975,950 ($6,757,129.28).

Tim Jones also recently made the following trade(s):

• On Monday, July 21st, Tim Jones bought 33,000 shares of Carr's Group stock. The stock was purchased at an average cost of GBX 147 ($2.00) per share, with a total value of £48,510 ($65,874.52).
• On Monday, June 30th, Tim Jones sold 89,571 shares of Carr's Group stock. The shares were sold at an average price of GBX 163 ($2.21), for a total value of £146,000.73 ($198,262.81).

Carr's Group Stock Down 1.0%

Shares of Carr's Group stock traded down GBX 1.48 ($0.02) during trading on Thursday, reaching GBX 145.53 ($1.98). The stock had a trading volume of 32,978 shares, compared to its average volume of 104,386. The company has a market capitalization of £141.69 million, a price-to-earnings ratio of -104.42 and a beta of 0.81. The stock has a fifty day moving average price of GBX 146.85 and a two-hundred day moving average price of GBX 137.76. Carr's Group plc has a 52 week low of GBX 101.50 ($1.38) and a 52 week high of GBX 162 ($2.20). The company has a current ratio of 2.69, a quick ratio of 1.04 and a debt-to-equity ratio of 6.73.

Wall Street Analysts Forecast Growth

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

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.