The Character Group (LON:CCT) Shares Cross Above 50 Day Moving Average – Time to Sell?

The Character Group plc (LON:CCT) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 272.34 ($3.37) and traded as high as GBX 279.88 ($3.46). The Character Group shares last traded at GBX 268.60 ($3.32), with a volume of 16,769 shares trading hands.

The Character Group Stock Down 0.7 %

The business’s 50 day moving average price is GBX 272.34 and its 200-day moving average price is GBX 281.75. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.17 and a current ratio of 2.66. The firm has a market capitalization of £51.05 million, a PE ratio of 971.43 and a beta of 0.91.

The Character Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a GBX 11 ($0.14) dividend. This is a positive change from The Character Group’s previous dividend of $8.00. The ex-dividend date is Thursday, January 16th. This represents a yield of 4.17%. The Character Group’s payout ratio is presently 6,785.71%.

About The Character Group

The Character Group plc designs, develops, manufactures, and distributes toys, games, and gifts in the United Kingdom, Scandinavia, the Far East, and internationally. The company sells its products under the Goo Jit Zu, Chill Factor, Shimmer n Sparkle, Weebles, and Stretch Armstrong brands. It also imports and distributes gifts; and invests in properties.