CVS Group (LON:CVSG) Shares Cross Below 200-Day Moving Average – Here’s Why

CVS Group plc (LON:CVSG)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,029.17 ($12.99) and traded as low as GBX 859 ($10.84). CVS Group shares last traded at GBX 861 ($10.87), with a volume of 135,857 shares.

CVS Group Stock Performance

The company has a quick ratio of 0.90, a current ratio of 1.09 and a debt-to-equity ratio of 110.48. The stock has a market cap of £611.94 million, a price-to-earnings ratio of 2,369.44, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. The company’s 50-day simple moving average is GBX 901.51 and its 200-day simple moving average is GBX 1,027.62.

CVS Group Increases Dividend

The firm also recently declared 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 a positive change from CVS Group’s previous dividend of $7.50. The ex-dividend date of this dividend was Thursday, October 31st. This represents a yield of 0.71%. CVS Group’s payout ratio is 2,222.22%.

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.