CVS Group plc (LON:CVSG - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,057.37 ($13.73) and traded as low as GBX 933 ($12.11). CVS Group shares last traded at GBX 936 ($12.15), with a volume of 252,855 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and set a GBX 2,370 ($30.77) price objective on shares of CVS Group in a research report on Thursday, July 25th.
Get Our Latest Research Report on CVSG
CVS Group Stock Up 1.1 %
The business has a 50-day moving average price of GBX 1,096.96 and a 200 day moving average price of GBX 1,057.37. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.48. The stock has a market capitalization of £678.66 million, a P/E ratio of 2,611.11, a P/E/G ratio of 1.77 and a beta of 1.02.
CVS Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be issued a GBX 8 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from CVS Group's previous dividend of $7.50. This represents a dividend yield of 0.71%. CVS Group's payout ratio is 2,222.22%.
CVS Group Company Profile
(
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CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.
Further Reading
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