Carr’s Group’s (CARR) Hold Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Carr’s Group (LON:CARR) in a research report sent to investors on Thursday morning, Marketbeat reports.

Carr’s Group Trading Down 3.7 %

LON:CARR opened at GBX 120.38 ($1.50) on Thursday. The company has a market cap of £113.57 million, a P/E ratio of 2,490.00 and a beta of 0.91. The stock’s fifty day moving average price is GBX 117.76 and its two-hundred day moving average price is GBX 115.12. Carr’s Group has a 1 year low of GBX 92 ($1.15) and a 1 year high of GBX 152.03 ($1.89). The company has a debt-to-equity ratio of 23.86, a current ratio of 2.34 and a quick ratio of 1.04.

Carr’s Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 2nd will be issued a GBX 2.35 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 2.05%.

Insider Transactions at Carr’s Group

In other news, insider David white purchased 14,005 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were purchased at an average price of GBX 120 ($1.49) per share, with a total value of £16,806 ($20,921.20). Insiders own 28.61% of the company’s stock.

Carr’s Group Company Profile

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. Its Speciality Agriculture segment manufactures and supplies feed blocks, minerals and boluses containing trace elements, and minerals for livestock under the Crystalyx, Horslyx, SmartLic, Tracesure, and AminoMax brands.