CVS Group (LON:CVSG) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

CVS Group plc (LON:CVSG)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,012.09 ($13.66) and traded as high as GBX 1,290 ($17.42). CVS Group shares last traded at GBX 1,247.64 ($16.84), with a volume of 220,513 shares trading hands.

CVS Group Price Performance

The company has a debt-to-equity ratio of 110.52, a current ratio of 1.09 and a quick ratio of 0.90. The stock has a market cap of £923.08 million, a price-to-earnings ratio of 44.59, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. The business’s 50-day simple moving average is GBX 1,148.87 and its two-hundred day simple moving average is GBX 1,012.09.

Insider Activity

In other CVS Group news, insider David Wilton purchased 1,000 shares of the company’s stock in a transaction dated Monday, June 2nd. The stock was purchased at an average price of GBX 1,248 ($16.85) per share, with a total value of £12,480 ($16,848.93). Also, insider Richard Gray sold 305 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 1,007 ($13.60), for a total transaction of £3,071.35 ($4,146.55). Insiders own 5.83% of the company’s stock.

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.