The Character Group (LON:CCT) Share Price Passes Below 50-Day Moving Average – Here’s Why

Shares of The Character Group plc (LON:CCT) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 273.05 ($3.33) and traded as low as GBX 268 ($3.27). The Character Group shares last traded at GBX 268.25 ($3.28), with a volume of 32,164 shares traded.

The Character Group Stock Performance

The business has a fifty day moving average of GBX 273.05 and a 200 day moving average of GBX 280.85. The company has a market cap of £50.35 million, a P/E ratio of 958.04 and a beta of 0.91. The company has a quick ratio of 1.17, a current ratio of 2.66 and a debt-to-equity ratio of 2.36.

The Character Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be issued a GBX 11 ($0.13) dividend. The ex-dividend date is Thursday, January 16th. This is a positive change 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 6,785.71%.

The Character Group Company Profile

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.