Carr’s Group (LON:CARR) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Posted by Bonnie Powley on Mar 8th, 2025

Shares of Carr’s Group plc (LON:CARR – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 125.86 ($1.63) and traded as high as GBX 134 ($1.73). Carr’s Group shares last traded at GBX 130 ($1.68), with a volume of 80,737 shares.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Carr’s Group in a report on Thursday, January 16th.

Get Our Latest Stock Analysis on CARR

Carr’s Group Stock Performance

The company has a quick ratio of 1.04, a current ratio of 2.69 and a debt-to-equity ratio of 6.73. The business has a 50 day moving average price of GBX 125.86 and a 200 day moving average price of GBX 123.59. The stock has a market cap of £126.58 million, a P/E ratio of -93.28 and a beta of 0.81.

Carr’s Group (LON:CARR – Get Free Report) last announced its quarterly earnings data on Thursday, December 12th. The company reported GBX 2.60 ($0.03) EPS for the quarter. Carr’s Group had a negative return on equity of 1.34% and a negative net margin of 0.93%. As a group, sell-side analysts expect that Carr’s Group plc will post 8.8356164 EPS for the current year.

Carr’s Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 10th. Investors of record on Thursday, January 23rd will be paid a GBX 2.85 ($0.04) dividend. This represents a yield of 2.46%. The ex-dividend date of this dividend is Thursday, January 23rd. This is an increase from Carr’s Group’s previous dividend of $2.35. Carr’s Group’s dividend payout ratio (DPR) is currently -574.04%.

About Carr’s Group

(Get Free Report)

Carr’s is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr’s operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.