The Character Group (LON:CCT) Stock Crosses Above Fifty Day Moving Average – Here’s Why

The Character Group plc (LON:CCT)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 284.52 and traded as high as GBX 302.60. The Character Group shares last traded at GBX 302, with a volume of 30,457 shares changing hands.

The Character Group Price Performance

The business’s fifty day moving average price is GBX 284.52 and its 200-day moving average price is GBX 256.38. The company has a market capitalization of £52.54 million, a P/E ratio of -33.93 and a beta of 0.19. The company has a current ratio of 2.01, a quick ratio of 1.17 and a debt-to-equity ratio of 2.50.

The Character Group (LON:CCT) last released its earnings results on Tuesday, May 12th. The company reported GBX 11.06 EPS for the quarter. The Character Group had a negative return on equity of 5.25% and a negative net margin of 1.82%.The business had revenue of GBX 4,828 million for the quarter. As a group, sell-side analysts predict that The Character Group plc will post 14.7856377 earnings per share for the current fiscal year.

Insider Transactions at The Character Group

In other news, insider Jonathan James Diver acquired 1,666 shares of The Character Group stock in a transaction dated Monday, May 18th. The shares were purchased at an average cost of GBX 276 per share, for a total transaction of £4,598.16. Also, insider Kirankumar Premshand Shah acquired 3,334 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average cost of GBX 276 per share, for a total transaction of £9,201.84. 23.92% of the stock is currently owned by corporate insiders.

The Character Group Company Profile

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. The principal markets for our products are our home territories of the UK and Scandinavia but our penetration into other international territories is growing, particularly in the USA and other parts of the EU.