CVS Group (LON:CVSG) Hits New 1-Year Low – Time to Sell?

CVS Group plc (LON:CVSG) hit a new 52-week low on Tuesday . The stock traded as low as GBX 799 ($10.13) and last traded at GBX 799.56 ($10.14), with a volume of 105425 shares changing hands. The stock had previously closed at GBX 823 ($10.43).

CVS Group Price Performance

The company’s fifty day moving average is GBX 974.10 and its two-hundred day moving average is GBX 1,043.56. 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 market capitalization of £582.26 million, a price-to-earnings ratio of 2,241.67, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02.

CVS Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be given a GBX 8 ($0.10) dividend. This is a positive change from CVS Group’s previous dividend of $7.50. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, October 31st. CVS Group’s dividend payout ratio (DPR) 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.