The Character Group (LON:CCT) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

The Character Group plc (LON:CCT) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 258.79 ($3.36) and traded as high as GBX 270 ($3.50). The Character Group shares last traded at GBX 260 ($3.37), with a volume of 44,670 shares trading hands.

The Character Group Stock Performance

The business has a 50 day moving average of GBX 258.79 and a 200-day moving average of GBX 268.84. The company has a market capitalization of £48.06 million, a P/E ratio of 9.21 and a beta of 0.91. The company has a debt-to-equity ratio of 5.99, a quick ratio of 1.17 and a current ratio of 1.71.

The Character Group (LON:CCT) last posted its earnings results on Wednesday, December 18th. The company reported GBX 29.76 ($0.39) earnings per share for the quarter. The Character Group had a return on equity of 14.13% and a net margin of 4.47%. On average, sell-side analysts predict that The Character Group plc will post 14.7856377 EPS for the current fiscal year.

The Character Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a GBX 11 ($0.14) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This is a boost from The Character Group’s previous dividend of $8.00. This represents a yield of 4.17%. The Character Group’s dividend payout ratio is currently 67.27%.

About The Character Group

The Character Group plc is the largest independent toy company based in the United Kingdom. We design, manufacture and distribute a wide range of toys, games and playthings. Many of our products feature or are based on popular film, television, comic and digital characters, reproduced under licence from the brand owners.