CVS Group (LON:CVSG) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

CVS Group plc (LON:CVSG)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 972.26 ($12.33) and traded as low as GBX 970 ($12.30). CVS Group shares last traded at GBX 1,058 ($13.42), with a volume of 660,814 shares trading hands.

CVS Group Trading Down 2.3 %

The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.52. The business’s 50-day simple moving average is GBX 930.58 and its 200-day simple moving average is GBX 972.26. The company has a market cap of £741.10 million, a PE ratio of 35.80, a P/E/G ratio of 1.77 and a beta of 1.02.

CVS Group (LON:CVSG) last posted its earnings results on Thursday, February 27th. The company reported GBX 40 ($0.51) earnings per share (EPS) for the quarter. CVS Group had a net margin of 3.20% and a return on equity of 7.86%. As a group, analysts expect that CVS Group plc will post 93.9393939 EPS for the current fiscal year.

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.