CVS Group (LON:CVSG) Share Price Passes Above 200-Day Moving Average – Should You Sell?

CVS Group plc (LON:CVSG) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 954.70 ($12.31) and traded as high as GBX 999 ($12.88). CVS Group shares last traded at GBX 951 ($12.26), with a volume of 5,040,254 shares traded.

CVS Group Stock Performance

The stock’s 50 day moving average price is GBX 1,017.16 and its two-hundred day moving average price is GBX 953.38. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.52. The firm has a market capitalization of £681.61 million, a price-to-earnings ratio of 32.92, a PEG ratio of 1.77 and a beta of 1.02.

CVS Group (LON:CVSG) last issued its earnings results on Thursday, February 27th. The company reported GBX 40 ($0.52) earnings per share for the quarter. CVS Group had a net margin of 3.20% and a return on equity of 7.86%. On average, analysts forecast that CVS Group plc will post 93.9393939 EPS for the current year.

Insider Activity

In related news, insider Richard Gray sold 305 shares of CVS Group stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of GBX 1,007 ($12.99), for a total transaction of £3,071.35 ($3,960.48). Company insiders own 5.83% of the company’s stock.

About CVS Group

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.