The Character Group (LON:CCT) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of The Character Group plc (LON:CCT) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 278.33 and traded as high as GBX 294.36. The Character Group shares last traded at GBX 294.36, with a volume of 5,664 shares traded.

The Character Group Trading Up 0.8%

The business’s 50 day moving average price is GBX 279.33 and its two-hundred day moving average price is GBX 254.16. The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.17 and a current ratio of 2.01. The company has a market capitalization of £51.93 million, a price-to-earnings ratio of -33.54 and a beta of 0.19.

The Character Group (LON:CCT) last posted its quarterly earnings data on Tuesday, May 12th. The company reported GBX 11.06 EPS for the quarter. The business had revenue of GBX 4,828 million for the quarter. The Character Group had a negative net margin of 1.82% and a negative return on equity of 5.25%. Equities analysts forecast that The Character Group plc will post 14.7856377 earnings per share for the current fiscal year.

Insider Buying and Selling at The Character Group

In other news, insider Kirankumar Premshand Shah bought 3,334 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average cost of GBX 276 per share, with a total value of £9,201.84. Also, insider Jonathan James Diver purchased 1,666 shares of the company’s stock in a transaction on Monday, May 18th. The stock was acquired at an average price of GBX 276 per share, for a total transaction of £4,598.16. Corporate insiders own 23.92% of the company’s stock.

About The Character Group

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners. The principal markets for our products are our home territories of the UK and Scandinavia but our penetration into other international territories is growing, particularly in the USA and other parts of the EU.