CVS Group (LON:CVSG) Reaches New 12-Month Low – Time to Sell?

CVS Group plc (LON:CVSG)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 817 ($10.30) and last traded at GBX 826 ($10.41), with a volume of 54958 shares changing hands. The stock had previously closed at GBX 830 ($10.46).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,370 ($29.87) price target on shares of CVS Group in a research report on Thursday, July 25th.

CVS Group Stock Down 1.6 %

The stock has a market capitalization of £586.12 million, a price-to-earnings ratio of 2,305.56, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. The company has a quick ratio of 0.90, a current ratio of 1.09 and a debt-to-equity ratio of 110.48. The firm has a 50-day moving average of GBX 1,017.99 and a two-hundred day moving average of GBX 1,051.01.

CVS Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be issued a GBX 8 ($0.10) dividend. This is an increase from CVS Group’s previous dividend of $7.50. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 0.71%. CVS Group’s dividend payout ratio is currently 2,222.22%.

About CVS Group

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.