CMO Group (LON:CMO) Stock Price Down 15.3% – Should You Sell?

CMO Group PLC (LON:CMO)’s stock price was down 15.3% during mid-day trading on Friday . The company traded as low as GBX 3.60 ($0.05) and last traded at GBX 3.60 ($0.05). Approximately 189,501 shares were traded during trading, an increase of 129% from the average daily volume of 82,734 shares. The stock had previously closed at GBX 4.25 ($0.05).

CMO Group Trading Down 15.3 %

The company has a market capitalization of £2.44 million, a price-to-earnings ratio of -0.99 and a beta of 0.37. The company has a debt-to-equity ratio of 34.24, a current ratio of 0.61 and a quick ratio of 0.52. The business’s 50-day moving average price is GBX 9.40 and its two-hundred day moving average price is GBX 12.67.

CMO Group Company Profile

CMO was founded in 2008 as Construction Materials Online by four individuals with a traditional merchants background who spotted an opportunity to disrupt what remains a predominantly offline sector by launching a dedicated online roofing merchant. Roofing Superstore made its first commercial sale in 2009.

Drainage Superstore was the second organic addition to the Group, making its first commercial sale in 2014 followed by a third organic addition, Insulation Superstore in 2015.