Calnex Solutions (LON:CLX) Shares Down 1.1% – Should You Sell?

Posted by Nicole Kennedy on Apr 6th, 2025

Calnex Solutions plc (LON:CLX – Get Free Report)’s share price dropped 1.1% during mid-day trading on Friday . The stock traded as low as GBX 42 ($0.54) and last traded at GBX 43 ($0.55). Approximately 44,543 shares changed hands during trading, a decline of 45% from the average daily volume of 81,681 shares. The stock had previously closed at GBX 43.50 ($0.56).

Calnex Solutions Stock Down 1.1 %

The stock’s fifty day moving average price is GBX 55.59 and its 200 day moving average price is GBX 58.57. The company has a current ratio of 4.15, a quick ratio of 3.22 and a debt-to-equity ratio of 1.52. The stock has a market cap of £38.21 million, a P/E ratio of 951.33 and a beta of 1.86.

Insiders Place Their Bets

In other news, insider Helen Kelisky purchased 20,202 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average cost of GBX 50 ($0.64) per share, for a total transaction of £10,101 ($13,025.15). Insiders own 25.23% of the company’s stock.

About Calnex Solutions

(Get Free Report)

Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Calnex’s portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it.

To date, Calnex has secured and delivered orders in 68 countries across the world.