The Character Group (LON:CCT) Share Price Passes Below 200-Day Moving Average – Here’s Why

The Character Group plc (LON:CCT)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 283.86 ($3.56) and traded as low as GBX 268.38 ($3.37). The Character Group shares last traded at GBX 268.38 ($3.37), with a volume of 3,449 shares changing hands.

The Character Group Stock Performance

The company has a market capitalization of £50.37 million, a PE ratio of 958.50 and a beta of 0.91. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.17 and a current ratio of 2.66. The stock’s fifty day simple moving average is GBX 271.29 and its 200-day simple moving average is GBX 283.86.

The Character Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be issued a GBX 11 ($0.14) dividend. This represents a dividend yield of 4.17%. The ex-dividend date is Thursday, January 16th. This is a positive change from The Character Group’s previous dividend of $8.00. The Character Group’s dividend payout ratio (DPR) is 6,785.71%.

The Character Group Company Profile

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.