Carr's Group (LON:CARR) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Shares of Carr's Group plc (LON:CARR - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 130.29 ($1.69) and traded as high as GBX 131.50 ($1.70). Carr's Group shares last traded at GBX 131.50 ($1.70), with a volume of 118,944 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Carr's Group in a research report on Thursday, January 16th.

Carr's Group Stock Down 0.4 %

The stock's fifty day moving average price is GBX 130.71 and its 200-day moving average price is GBX 123.72. The company has a quick ratio of 1.04, a current ratio of 2.69 and a debt-to-equity ratio of 6.73. The company has a market capitalization of £126.09 million, a price-to-earnings ratio of -92.92 and a beta of 0.81.

Carr's Group Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 10th. Shareholders of record on Thursday, January 23rd were given a dividend of GBX 2.85 ($0.04) per share. The ex-dividend date was Thursday, January 23rd. This is a boost from Carr's Group's previous dividend of $2.35. This represents a yield of 2.46%. Carr's Group's payout ratio is -574.04%.

Carr's Group Company Profile

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.