CVS Group (LON:CVSG) Share Price Passes Below 200 Day Moving Average – Should You Sell?

CVS Group plc (LON:CVSG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,017.90 ($12.79) and traded as low as GBX 817 ($10.27). CVS Group shares last traded at GBX 833 ($10.47), with a volume of 296,919 shares traded.

CVS Group Trading Up 1.1 %

The company has a debt-to-equity ratio of 110.48, a current ratio of 1.09 and a quick ratio of 0.90. The firm has a market capitalization of £597.59 million, a price-to-earnings ratio of 2,313.89, a P/E/G ratio of 1.77 and a beta of 1.02. The firm’s 50-day simple moving average is GBX 881.13 and its 200 day simple moving average is GBX 1,017.90.

CVS Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 31st were issued a GBX 8 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 0.71%. This is an increase from CVS Group’s previous dividend of $7.50. CVS Group’s dividend payout ratio is currently 2,222.22%.

CVS Group Company Profile

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.