CVS Group (LON:CVSG) Shares Pass Below 200 Day Moving Average of $1,314.70

Shares of CVS Group plc (LON:CVSG) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,314.70 ($16.71) and traded as low as GBX 1,022 ($12.99). CVS Group shares last traded at GBX 1,022 ($12.99), with a volume of 228,435 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 2,370 ($30.11) price target on shares of CVS Group in a research note on Tuesday, May 21st.

CVS Group Stock Performance

The company has a debt-to-equity ratio of 100.75, a quick ratio of 0.90 and a current ratio of 1.15. The stock has a market cap of £732.47 million, a P/E ratio of 2,085.71, a price-to-earnings-growth ratio of 1.77 and a beta of 0.95. The company’s 50 day moving average price is GBX 1,032.85 and its 200-day moving average price is GBX 1,314.70.

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.