Carr’s Group (LON:CARR) Shares Cross Below Fifty Day Moving Average – Time to Sell?
by Sarita Garza · The Markets DailyShares of Carr’s Group plc (LON:CARR – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 135.56 and traded as low as GBX 125. Carr’s Group shares last traded at GBX 135.56, with a volume of 91,954 shares traded.
Analyst Ratings Changes
Separately, Shore Capital restated a “hold” rating on shares of Carr’s Group in a research note on Tuesday, September 23rd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.
Get Our Latest Analysis on CARR
Carr’s Group Stock Performance
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 firm has a market cap of £70.15 million, a price-to-earnings ratio of -7,974.12 and a beta of 0.81. The firm’s fifty day moving average price is GBX 135.56 and its 200-day moving average price is GBX 139.88.
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. The Group produces nutritional animal supplements including feed licks, blocks, bagged minerals, and boluses for cattle, sheep, goats and horses.