Carr’s Group (LON:CARR) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Posted by Grant Hamersma on Mar 9th, 2025

Carr’s Group plc (LON:CARR – Get Free Report) passed 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.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on CARR

Carr’s Group Trading Down 2.3 %

The company has a debt-to-equity ratio of 6.73, a current ratio of 2.69 and a quick ratio of 1.04. The company has a market capitalization of £126.58 million, a P/E ratio of -93.28 and a beta of 0.81. The firm has a fifty day moving average price of GBX 126.19 and a 200-day moving average price of GBX 123.59.

Carr’s Group (LON:CARR – Get Free Report) last posted its quarterly earnings data on Thursday, December 12th. The company reported GBX 2.60 ($0.03) earnings per share 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 anticipate that Carr’s Group plc will post 8.8356164 earnings per share for the current year.

Carr’s Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 10th. Investors of record on Thursday, January 23rd will be issued a dividend of GBX 2.85 ($0.04) per share. This represents a yield of 2.46%. The ex-dividend date 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 -574.04%.

Carr’s Group Company Profile

(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.