Carr’s Group (LON:CARR) Earns “Hold” Rating from Shore Capital

Shore Capital restated their hold rating on shares of Carr’s Group (LON:CARR) in a research report released on Monday, reports.

Shares of CARR stock opened at GBX 149.50 ($1.95) on Monday. The business’s fifty day simple moving average is GBX 145.86. The firm has a market capitalization of £140.07 million and a P/E ratio of 16.43. The company has a debt-to-equity ratio of 36.99, a quick ratio of 1.14 and a current ratio of 1.66. Carr’s Group has a 12-month low of GBX 92 ($1.20) and a 12-month high of GBX 162 ($2.12).

The firm also recently declared a dividend, which will be paid on Friday, October 1st. Stockholders of record on Thursday, August 26th will be given a dividend of GBX 1.18 ($0.02) per share. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, August 26th. Carr’s Group’s payout ratio is presently 0.52%.

About Carr’s Group

Carr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment develops, manufactures, and distributes a range of livestock supplementation products; and various compound and blended feeds for livestock. This segment offers feed blocks under the Crystalyx, Horslyx, SmartLic, and Megastart brands; and boluses under the Tracesure and Allsure brands.

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