Carr’s Group (LON:CARR) Given “Hold” Rating at Shore Capital

Shore Capital reiterated their hold rating on shares of Carr’s Group (LON:CARR) in a research report report published on Thursday, MarketBeat.com reports.

Carr’s Group Stock Down 1.6 %

Shares of LON:CARR opened at GBX 123 ($1.53) on Thursday. The company has a quick ratio of 1.04, a current ratio of 2.34 and a debt-to-equity ratio of 23.86. Carr’s Group has a fifty-two week low of GBX 92 ($1.15) and a fifty-two week high of GBX 152.03 ($1.89). The firm’s 50 day moving average price is GBX 117.78 and its 200 day moving average price is GBX 114.85. The stock has a market cap of £116.05 million, a price-to-earnings ratio of 2,490.00 and a beta of 0.91.

Carr’s Group Cuts Dividend

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

Insiders Place Their Bets

In related news, insider David white acquired 14,005 shares of the business’s stock in a transaction on Friday, January 26th. The shares were bought at an average price of GBX 120 ($1.49) per share, with a total value of £16,806 ($20,921.20). 28.61% of the stock is owned by corporate insiders.

About Carr’s Group

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.