The Character Group (LON:CCT) Share Price Passes Below 50 Day Moving Average of $301.21

The Character Group plc (LON:CCT)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 301.21 ($3.83) and traded as low as GBX 288 ($3.66). The Character Group shares last traded at GBX 294 ($3.74), with a volume of 47,260 shares changing hands.

The Character Group Stock Down 6.1 %

The business’s fifty day moving average price is GBX 301.21 and its 200 day moving average price is GBX 282.46. The firm has a market capitalization of £55.15 million, a price-to-earnings ratio of 1,050.00 and a beta of 0.87. 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 Character Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, July 11th will be issued a GBX 8 ($0.10) dividend. The ex-dividend date is Thursday, July 11th. This represents a dividend yield of 2.9%. The Character Group’s payout ratio is 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.