CVS Group (LON:CVSG) Sets New 12-Month Low – Here’s What Happened

CVS Group plc (LON:CVSG) reached a new 52-week low on Tuesday . The stock traded as low as GBX 860 ($11.07) and last traded at GBX 867.16 ($11.16), with a volume of 198784 shares trading hands. The stock had previously closed at GBX 883 ($11.36).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,370 ($30.50) price target on shares of CVS Group in a research report on Thursday, July 25th.

CVS Group Trading Down 4.4 %

The stock has a market cap of £605.49 million, a price-to-earnings ratio of 2,452.78, a P/E/G ratio of 1.77 and a beta of 1.02. The company has a debt-to-equity ratio of 110.48, a current ratio of 1.09 and a quick ratio of 0.90. The company’s fifty day moving average price is GBX 1,039.89 and its 200-day moving average price is GBX 1,054.56.

CVS Group Increases Dividend

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