The Character Group plc (LON:CCT - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 290.43 ($3.92) and traded as high as GBX 309 ($4.17). The Character Group shares last traded at GBX 303.75 ($4.10), with a volume of 13,342 shares changing hands.
The Character Group Price Performance
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 fifty day moving average price of GBX 290.43 and a two-hundred day moving average price of GBX 266.81. The stock has a market capitalization of £56.14 million, a P/E ratio of 10.75 and a beta of 0.91.
The Character Group declared that its Board of Directors has authorized a stock repurchase plan on Friday, May 30th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider The Character 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 The Character Group wasn't on the list.
While The Character Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
