CVS Group (LON:CVSG) Hits New 1-Year Low – Time to Sell?

CVS Group plc (LON:CVSG)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 799 ($10.13) and last traded at GBX 799.56 ($10.14), with a volume of 105425 shares changing hands. The stock had previously closed at GBX 823 ($10.43).

CVS Group Trading Up 1.5 %

The company’s 50-day moving average is GBX 974.10 and its 200-day moving average is GBX 1,043.56. The company has a debt-to-equity ratio of 110.48, a quick ratio of 0.90 and a current ratio of 1.09. The firm has a market cap of £582.26 million, a price-to-earnings ratio of 2,241.67, a P/E/G ratio of 1.77 and a beta of 1.02.

CVS Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.71%. This is a positive change from CVS Group’s previous dividend of $7.50. The ex-dividend date is Thursday, October 31st. CVS Group’s dividend payout ratio is presently 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.