CVS Group (LON:CVSG) Shares Pass Below Two Hundred Day Moving Average of $1,119.00

CVS Group plc (LON:CVSG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,119 ($14.76) and traded as low as GBX 1,098 ($14.48). CVS Group shares last traded at GBX 1,124 ($14.82), with a volume of 105,951 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 2,370 ($31.25) price objective on shares of CVS Group in a research report on Thursday, July 25th.

CVS Group Price Performance

The company has a debt-to-equity ratio of 100.75, a quick ratio of 0.90 and a current ratio of 1.15. The business has a 50 day moving average price of GBX 1,065.80 and a 200-day moving average price of GBX 1,119. The company has a market capitalization of £802.33 million, a price-to-earnings ratio of 2,293.88, a P/E/G ratio of 1.77 and a beta of 1.05.

Insider Buying and Selling at CVS Group

In related news, insider Deborah Kemp bought 2,440 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were acquired at an average cost of GBX 1,024 ($13.50) per share, with a total value of £24,985.60 ($32,949.49). In other news, insider Richard Gray acquired 1,600 shares of CVS Group stock in a transaction on Wednesday, July 10th. The stock was purchased at an average price of GBX 1,019 ($13.44) per share, with a total value of £16,304 ($21,500.73). Also, insider Deborah Kemp acquired 2,440 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The shares were purchased at an average price of GBX 1,024 ($13.50) per share, with a total value of £24,985.60 ($32,949.49). Insiders own 1.45% of the company’s stock.

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.