The Character Group (LON:CCT) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

The Character Group plc (LON:CCT) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 259.03 and traded as high as GBX 285. The Character Group shares last traded at GBX 283, with a volume of 5,123 shares.

The Character Group Stock Performance

The firm’s 50 day moving average is GBX 259.03 and its two-hundred day moving average is GBX 249.61. The stock has a market capitalization of £49.30 million, a PE ratio of -31.80 and a beta of 0.18. The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.17 and a current ratio of 2.01.

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

Insider Buying and Selling

In other news, insider Kirankumar Premshand Shah acquired 3,334 shares of the company’s stock in a transaction on Monday, May 18th. The shares were bought at an average cost of GBX 276 per share, with a total value of £9,201.84. Also, insider Jonathan James Diver acquired 1,666 shares of the company’s stock in a transaction on Monday, May 18th. The stock was purchased at an average cost of GBX 276 per share, for a total transaction of £4,598.16. Corporate insiders own 23.90% of the company’s stock.

About The Character Group

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.