Shore Capital Reaffirms House Stock Rating for Carr’s Group (LON:CARR)

Shore Capital reiterated their house stock rating on shares of Carr’s Group (LON:CARR) in a research report sent to investors on Thursday morning, MarketBeat.com reports.

Carr’s Group Price Performance

Shares of LON CARR opened at GBX 129 ($1.58) on Thursday. The company has a debt-to-equity ratio of 18.73, a quick ratio of 1.04 and a current ratio of 2.39. The firm has a fifty day moving average of GBX 117.22 and a 200 day moving average of GBX 125.63. The firm has a market cap of £121.81 million, a PE ratio of -12,900.00 and a beta of 0.81. Carr’s Group has a one year low of GBX 101.50 ($1.24) and a one year high of GBX 150 ($1.84).

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 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This is a positive change from Carr’s Group’s previous dividend of $2.35. This represents a yield of 2.46%. Carr’s Group’s dividend payout ratio (DPR) is currently -80,000.00%.

Carr’s Group Company Profile

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.