Shore Capital Reaffirms Hold Rating for Carr’s Group (LON:CARR)

Shore Capital reissued their hold rating on shares of Carr’s Group (LON:CARR) in a research report report published on Monday morning, Digital Look reports.

LON:CARR opened at GBX 149 ($1.95) on Monday. The stock has a fifty day moving average price of GBX 139.56 and a 200-day moving average price of GBX 145.10. The company has a market cap of $136.99 million and a price-to-earnings ratio of 12.42. The company has a debt-to-equity ratio of 42.73, a quick ratio of 1.01 and a current ratio of 1.55. Carr’s Group has a fifty-two week low of GBX 128 ($1.67) and a fifty-two week high of GBX 175.50 ($2.29).

The business also recently announced a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.72%. This is an increase from Carr’s Group’s previous dividend of $1.13. The ex-dividend date of this dividend is Thursday, November 28th. Carr’s Group’s dividend payout ratio is presently 0.17%.

In related news, insider Ian Wood bought 10,000 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was purchased at an average cost of GBX 131 ($1.71) per share, for a total transaction of £13,100 ($17,117.47).

About Carr’s Group

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment develops, manufactures, and distributes a range of livestock supplementation products; and various compound animal feeds for farming and rural communities.

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