The Character Group (LON:CCT) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

The Character Group plc (LON:CCT)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 272.34 ($3.38) and traded as high as GBX 279.88 ($3.48). The Character Group shares last traded at GBX 268.60 ($3.34), with a volume of 16,769 shares changing hands.

The Character Group Stock Down 0.7 %

The company’s fifty day simple moving average is GBX 272.74 and its 200 day simple moving average is GBX 281.68. The company has a current ratio of 2.66, a quick ratio of 1.17 and a debt-to-equity ratio of 2.36. The firm has a market capitalization of £51.05 million, a P/E ratio of 971.43 and a beta of 0.91.

The Character Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be paid a GBX 11 ($0.14) dividend. This is an increase from The Character Group’s previous dividend of $8.00. This represents a yield of 4.17%. The ex-dividend date is Thursday, January 16th. The Character Group’s dividend payout ratio is presently 6,785.71%.

About The Character Group

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.