CVS Group (LON:CVSG) Hits New 12-Month Low – Should You Sell?

CVS Group plc (LON:CVSG) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 817 ($10.37) and last traded at GBX 826 ($10.48), with a volume of 54958 shares traded. The stock had previously closed at GBX 830 ($10.53).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 2,370 ($30.08) price objective on shares of CVS Group in a research report on Thursday, July 25th.

CVS Group Stock Up 2.9 %

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 1,005.09 and a two-hundred day moving average of GBX 1,049.01. The firm has a market capitalization of £605.91 million, a price-to-earnings ratio of 2,280.56, 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 paid a GBX 8 ($0.10) dividend. This is an increase 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 presently 2,222.22%.

CVS Group Company Profile

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.