Carr’s Group (LON:CARR) Stock Passes Above Fifty Day Moving Average – Here’s Why

Carr’s Group plc (LON:CARR) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 135.56 and traded as high as GBX 135.56. Carr’s Group shares last traded at GBX 135.56, with a volume of 91,954 shares.

Carr’s Group Stock Performance

The company has a debt-to-equity ratio of 6.73, a quick ratio of 1.04 and a current ratio of 2.69. The company has a market capitalization of £70.15 million, a price-to-earnings ratio of -7,974.12 and a beta of 0.81. The firm has a 50-day simple moving average of GBX 135.56 and a two-hundred day simple moving average of GBX 137.12.

Carr’s Group Company Profile

Carr’s Group plc is an international, pure-play specialist agriculture manufacturer and provider of research-proven, value-added livestock supplements.

Carr’s Group’s mission is to drive sustainable global food security through enhancements to pasture grazing productivity, enabled by research-based products that optimise livestock performance and profitability for farmers. The Group produces nutritional animal supplements including feed licks, blocks, bagged minerals, and boluses for cattle, sheep, goats and horses.