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

CVS Group plc (LON:CVSG) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

CVS Group Stock Up 1.1 %

The stock’s 50-day moving average price is GBX 881.13 and its two-hundred day moving average price is GBX 1,017.90. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.48. The stock has a market capitalization of £597.59 million, a P/E ratio of 2,313.89, a P/E/G ratio of 1.77 and a beta of 1.02.

CVS Group Increases Dividend

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

CVS Group Company Profile

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.