CVS Group (LON:CVSG) Reaches New 1-Year Low – What’s Next?

CVS Group plc (LON:CVSG) reached a new 52-week low on Monday . The stock traded as low as GBX 817 ($10.30) and last traded at GBX 826 ($10.41), with a volume of 54958 shares trading hands. The stock had previously closed at GBX 830 ($10.46).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,370 ($29.87) price target on shares of CVS Group in a research note on Thursday, July 25th.

CVS Group Stock Performance

The stock’s 50-day moving average price is GBX 1,017.99 and its 200 day moving average price is GBX 1,051.01. 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 market cap of £586.12 million, a P/E ratio of 2,305.56, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02.

CVS Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 31st will be issued a GBX 8 ($0.10) dividend. This represents a yield of 0.71%. The ex-dividend date is Thursday, October 31st. This is an increase from CVS Group’s previous dividend of $7.50. CVS Group’s dividend payout ratio (DPR) is 2,222.22%.

About CVS Group

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.