CVS Group (LON:CVSG) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Posted by Scott Moore on Dec 22nd, 2024

Shares of CVS Group plc (LON:CVSG – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,017.90 ($12.79) and traded as low as GBX 817 ($10.27). CVS Group shares last traded at GBX 833 ($10.47), with a volume of 296,919 shares.

CVS Group Stock Performance

The stock has a market capitalization of £597.59 million, a price-to-earnings ratio of 2,313.89, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. The company has a quick ratio of 0.90, a current ratio of 1.09 and a debt-to-equity ratio of 110.48. The company has a 50 day simple moving average of GBX 881.13 and a 200-day simple moving average of GBX 1,016.81.

CVS Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 31st were paid a dividend of GBX 8 ($0.10) per share. The ex-dividend date of this dividend was Thursday, October 31st. This is a positive change from CVS Group’s previous dividend of $7.50. This represents a yield of 0.71%. CVS Group’s dividend payout ratio is currently 2,222.22%.

CVS Group Company Profile

(Get Free Report)

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.