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The Character Group (LON:CCT) Stock Crosses Below 50 Day Moving Average - Here's Why

The Character Group logo with Consumer Cyclical background

Key Points

  • The Character Group plc stock has fallen below its 50-day moving average, currently at GBX 297.71, after trading as low as GBX 266.
  • The company has a debt-to-equity ratio of 5.99 and a market capitalization of £50.13 million, reflecting significant leverage.
  • Shares of The Character Group last traded at GBX 270, with a slight trading volume of 25,988 shares for the day.
  • MarketBeat previews the top five stocks to own by November 1st.

The Character Group plc (LON:CCT - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 297.71 ($3.99) and traded as low as GBX 266 ($3.57). The Character Group shares last traded at GBX 270 ($3.62), with a volume of 25,988 shares traded.

The Character Group Trading Up 3.7%

The company has a quick ratio of 1.17, a current ratio of 1.71 and a debt-to-equity ratio of 5.99. The firm has a market cap of £50.13 million, a P/E ratio of 950.44 and a beta of 0.91. The company's 50 day simple moving average is GBX 297.71 and its 200-day simple moving average is GBX 272.14.

About The Character Group

(Get Free Report)

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners.

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