Carr’s Group’s (CARR) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Carr’s Group (LON:CARR) in a research report report published on Thursday morning, MarketBeat reports.

Carr’s Group Trading Up 0.8 %

Shares of LON:CARR opened at GBX 129 ($1.58) on Thursday. The company has a current ratio of 2.39, a quick ratio of 1.04 and a debt-to-equity ratio of 18.73. Carr’s Group has a 12-month low of GBX 101.50 ($1.24) and a 12-month high of GBX 150 ($1.84). The business has a 50 day moving average of GBX 117.22 and a two-hundred day moving average of GBX 125.63. The company has a market capitalization of £121.81 million, a PE ratio of -12,900.00 and a beta of 0.81.

Carr’s Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 10th. Investors of record on Thursday, January 23rd will be issued a dividend of GBX 2.85 ($0.03) per share. The ex-dividend date is Thursday, January 23rd. This is an increase from Carr’s Group’s previous dividend of $2.35. This represents a yield of 2.46%. Carr’s Group’s dividend payout ratio is -80,000.00%.

Carr’s Group Company Profile

Carr’s is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr’s operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.