Insider Buying: CVS Group plc (LON:CVSG) Insider Purchases £22,050 in Stock

CVS Group plc (LON:CVSG) insider Richard A. Connell acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 25th. The shares were bought at an average cost of GBX 2,205 ($28.81) per share, with a total value of £22,050 ($28,808.47).

LON:CVSG opened at GBX 2,220 ($29.00) on Monday. CVS Group plc has a 1 year low of GBX 1,336 ($17.45) and a 1 year high of GBX 2,835 ($37.04). The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 95.81. The stock has a market cap of £1.57 billion and a price-to-earnings ratio of 81.92. The stock has a 50-day moving average price of GBX 2,434.09 and a two-hundred day moving average price of GBX 2,360.83.

The firm also recently announced a dividend, which will be paid on Friday, December 3rd. Shareholders of record on Thursday, November 18th will be paid a GBX 6.50 ($0.08) dividend. This represents a yield of 0.26%. This is a boost from CVS Group’s previous dividend of $5.50. The ex-dividend date is Thursday, November 18th.

Separately, Royal Bank of Canada boosted their target price on CVS Group from GBX 2,750 ($35.93) to GBX 3,100 ($40.50) and gave the company an “outperform” rating in a research note on Thursday, October 7th.

About CVS Group

CVS Group plc engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Animed Direct. It operates animal veterinary practices and complementary veterinary diagnostic businesses. The company also provides pet cremation and clinical waste services for veterinary practices and directly for pet owners.

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