The Character Group (LON:CCT) Share Price Passes Above 50 Day Moving Average – Here’s Why

The Character Group plc (LON:CCT)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 259.03 and traded as high as GBX 285. The Character Group shares last traded at GBX 283, with a volume of 5,123 shares changing hands.

The Character Group Trading Down 0.7%

The company has a market capitalization of £49.30 million, a P/E ratio of -31.80 and a beta of 0.18. The business has a fifty day moving average price of GBX 259.03 and a 200 day moving average price of GBX 249.61. The company has a quick ratio of 1.17, a current ratio of 2.01 and a debt-to-equity ratio of 2.50.

The Character Group (LON:CCT) last issued its quarterly earnings results on Tuesday, May 12th. The company reported GBX 11.06 EPS for the quarter. The company had revenue of GBX 4,828 million for the quarter. The Character Group had a negative return on equity of 5.25% and a negative net margin of 1.82%. On average, analysts expect that The Character Group plc will post 14.7856377 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Jonathan James Diver bought 1,666 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of GBX 276 per share, for a total transaction of £4,598.16. Also, insider Kirankumar Premshand Shah bought 3,334 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average price of GBX 276 per share, for a total transaction of £9,201.84. Corporate insiders own 23.90% of the company’s stock.

The Character Group Company Profile

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners. The principal markets for our products are our home territories of the UK and Scandinavia but our penetration into other international territories is growing, particularly in the USA and other parts of the EU.