The Character Group (LON:CCT) Stock Passes Above Fifty Day Moving Average – Should You Sell?

The Character Group plc (LON:CCT)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 260.05 ($3.31) and traded as high as GBX 262 ($3.34). The Character Group shares last traded at GBX 256.60 ($3.27), with a volume of 38,785 shares changing hands.

The Character Group Stock Performance

The firm has a 50-day simple moving average of GBX 260.05 and a two-hundred day simple moving average of GBX 266.60. The company has a market capitalization of £47.68 million, a price-to-earnings ratio of 9.13 and a beta of 0.91. The company has a debt-to-equity ratio of 5.99, a quick ratio of 1.17 and a current ratio of 1.71.

The Character Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were given a dividend of GBX 11 ($0.14) per share. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 4.17%. This is a positive change from The Character Group’s previous dividend of $8.00. The Character Group’s dividend payout ratio is currently 67.27%.

About The Character Group

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.