Carr’s Group (LON:CARR) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Posted by Adam Dyson on Mar 8th, 2025

Carr’s Group plc (LON:CARR – Get Free Report)’s stock price 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 Upgrades and Downgrades

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

Get Our Latest Report on Carr’s Group

Carr’s Group Trading Down 2.3 %

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

Carr’s Group (LON:CARR – Get Free Report) last announced its quarterly earnings results 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%. On average, equities research analysts predict that Carr’s Group plc will post 8.8356164 earnings per share for the current year.

Carr’s Group Increases Dividend

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