The Character Group (LON:CCT) Share Price Passes Below 50-Day Moving Average – Time to Sell?

The Character Group plc (LON:CCT) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 267.81 ($3.33) and traded as low as GBX 247.25 ($3.08). The Character Group shares last traded at GBX 247.25 ($3.08), with a volume of 43,777 shares.

The Character Group Stock Performance

The business has a 50-day moving average of GBX 267.81 and a 200 day moving average of GBX 276.63. 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 company has a market cap of £46.41 million, a PE ratio of 883.04 and a beta of 0.91.

The Character Group (LON:CCT) last released its quarterly earnings results on Wednesday, December 18th. The company reported GBX 29.76 ($0.37) EPS for the quarter. The Character Group had a net margin of 4.47% and a return on equity of 14.41%. Equities research analysts anticipate that The Character Group plc will post 14.7856377 EPS for the current fiscal year.

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. This is an increase from The Character Group’s previous dividend of $8.00. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 4.17%. The Character Group’s payout ratio is presently 6,785.71%.

The Character Group Company Profile

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners.