Free Trial

CVS Group (LON:CVSG) Shares Pass Above 200 Day Moving Average - What's Next?

CVS Group logo with Consumer Cyclical background

Key Points

  • CVS Group plc shares have recently exceeded their 200-day moving average, currently priced at GBX 1,228 ($16.22) after reaching a high of GBX 1,248 ($16.49).
  • Berenberg Bank has reiterated a "buy" rating on CVS Group with a target price of GBX 2,000 ($26.42).
  • Insiders have shown confidence in the company, with significant share acquisitions occurring, including transactions by Richard Fairman and David Wilton.
  • Need better tools to track CVS Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

CVS Group plc (LON:CVSG - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,112.26 ($14.78) and traded as high as GBX 1,248 ($16.59). CVS Group shares last traded at GBX 1,228 ($16.32), with a volume of 244,441 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,000 ($26.58) price objective on shares of CVS Group in a research report on Thursday, July 24th.

Get Our Latest Research Report on CVSG

CVS Group Price Performance

The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.52. The stock has a market cap of £864.38 million, a PE ratio of 41.75, a P/E/G ratio of 1.77 and a beta of 1.02. The business has a fifty day simple moving average of GBX 1,241.88 and a two-hundred day simple moving average of GBX 1,120.46.

Insider Buying and Selling

In other news, insider David Wilton acquired 1,000 shares of the firm's stock in a transaction dated Monday, June 2nd. The stock was acquired at an average cost of GBX 1,248 ($16.59) per share, with a total value of £12,480 ($16,586.92). Also, insider Richard Fairman acquired 1,644 shares of the business's stock in a transaction dated Friday, July 11th. The stock was purchased at an average cost of GBX 1,216 ($16.16) per share, with a total value of £19,991.04 ($26,569.70). Insiders own 5.83% of the company's stock.

About CVS Group

(Get Free Report)

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.

Featured Articles

Should You Invest $1,000 in CVS Group Right Now?

Before you consider CVS 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 CVS Group wasn't on the list.

While CVS Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines