The Character Group (LON:CCT) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of The Character Group plc (LON:CCT) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 283.86 ($3.56) and traded as low as GBX 268.38 ($3.37). The Character Group shares last traded at GBX 268.38 ($3.37), with a volume of 3,449 shares.

The Character Group Stock Down 2.1 %

The company has a debt-to-equity ratio of 2.36, a current ratio of 2.66 and a quick ratio of 1.17. The firm’s 50-day moving average price is GBX 271.29 and its 200 day moving average price is GBX 283.86. The firm has a market cap of £50.37 million, a P/E ratio of 958.50 and a beta of 0.91.

The Character Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 11 ($0.14) per share. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from The Character Group’s previous dividend of $8.00. This represents a dividend yield of 4.17%. The Character Group’s payout ratio is currently 6,785.71%.

The Character Group Company Profile

The Character Group plc designs, develops, manufactures, and distributes toys, games, and gifts in the United Kingdom, Scandinavia, the Far East, and internationally. The company sells its products under the Goo Jit Zu, Chill Factor, Shimmer n Sparkle, Weebles, and Stretch Armstrong brands. It also imports and distributes gifts; and invests in properties.