CVS Group plc (LON:CVSG – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,057.37 ($13.73) and traded as low as GBX 933 ($12.11). CVS Group shares last traded at GBX 936 ($12.15), with a volume of 252,855 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,370 ($30.77) price target on shares of CVS Group in a research report on Thursday, July 25th.
Read Our Latest Research Report on CVS Group
CVS Group Stock Up 1.0 %
CVS Group Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be issued a GBX 8 ($0.10) dividend. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, October 31st. This is a positive change from CVS Group’s previous dividend of $7.50. CVS Group’s dividend payout ratio (DPR) is 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.
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