CVS Group (LON:CVSG) Stock Price Passes Below Two Hundred Day Moving Average of $1,099.25

CVS Group plc (LON:CVSG) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,099.25 ($14.45) and traded as low as GBX 1,068 ($14.04). CVS Group shares last traded at GBX 1,116 ($14.67), with a volume of 107,888 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 2,370 ($31.16) target price on shares of CVS Group in a research report on Thursday, July 25th.

CVS Group Stock Up 0.9 %

The business’s fifty day moving average price is GBX 1,074.98 and its 200 day moving average price is GBX 1,099.25. The firm has a market capitalization of £807.12 million, a price-to-earnings ratio of 2,277.55, a PEG ratio of 1.77 and a beta of 1.05. The company has a current ratio of 1.15, a quick ratio of 0.90 and a debt-to-equity ratio of 100.75.

Insider Buying and Selling at CVS Group

In other CVS Group news, insider Richard Gray bought 1,600 shares of the firm’s stock in a transaction dated Wednesday, July 10th. The stock was acquired at an average price of GBX 1,019 ($13.40) per share, for a total transaction of £16,304 ($21,438.53). In related news, insider Richard Gray bought 1,600 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were acquired at an average price of GBX 1,019 ($13.40) per share, with a total value of £16,304 ($21,438.53). Also, insider Deborah Kemp purchased 2,440 shares of the business’s stock in a transaction dated Wednesday, June 26th. The shares were bought at an average price of GBX 1,024 ($13.46) per share, with a total value of £24,985.60 ($32,854.17). 1.45% of the stock is currently owned by company insiders.

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.