CVS Group (LON:CVSG) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of CVS Group plc (LON:CVSG) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 967.19 ($12.51) and traded as high as GBX 999 ($12.92). CVS Group shares last traded at GBX 974 ($12.60), with a volume of 233,788 shares trading hands.

CVS Group Stock Performance

The company has a debt-to-equity ratio of 110.52, a current ratio of 1.09 and a quick ratio of 0.90. The business has a 50-day simple moving average of GBX 972.83 and a 200-day simple moving average of GBX 967.19. The firm has a market capitalization of £698.09 million, a PE ratio of 33.72, a P/E/G ratio of 1.77 and a beta of 1.02.

CVS Group (LON:CVSG) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 40 ($0.52) earnings per share for the quarter. CVS Group had a return on equity of 7.86% and a net margin of 3.20%. Equities research analysts expect that CVS Group plc will post 93.9393939 earnings per share for the current fiscal year.

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.