Carr's Group's (CARR) House Stock Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Carr's Group (LON:CARR - Free Report) in a research note issued to investors on Thursday morning, Marketbeat.com reports.

Carr's Group Stock Performance

Shares of Carr's Group stock traded down GBX 3 ($0.04) during trading hours on Thursday, hitting GBX 125 ($1.52). 1,163,642 shares of the company's stock traded hands, compared to its average volume of 429,066. The company has a fifty day simple moving average of GBX 117.27 and a 200-day simple moving average of GBX 125.64. The company has a debt-to-equity ratio of 18.73, a current ratio of 2.39 and a quick ratio of 1.04. The stock has a market capitalization of £118.04 million, a price-to-earnings ratio of -12,500.00 and a beta of 0.81. Carr's Group has a 12-month low of GBX 101.50 ($1.23) and a 12-month high of GBX 150 ($1.83).

Carr's Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 10th. Investors of record on Thursday, January 23rd will be issued a GBX 2.85 ($0.03) dividend. This represents a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Carr's Group's previous dividend of $2.35. Carr's Group's payout ratio is -80,000.00%.

About Carr's Group

Carr's is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr's operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.