The Character Group (LON:CCT) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

The Character Group plc (LON:CCT) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 257.58 ($3.34) and traded as high as GBX 266 ($3.45). The Character Group shares last traded at GBX 263.99 ($3.42), with a volume of 18,846 shares trading hands.

The Character Group Price Performance

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 business has a 50 day simple moving average of GBX 257.58 and a 200-day simple moving average of GBX 268.08. The firm has a market cap of £48.79 million, a price-to-earnings ratio of 9.35 and a beta of 0.91.

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

The Character Group Increases Dividend

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

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.