Carclo (LON:CAR) Stock Price Down 7.8% – Here’s Why

Carclo plc (LON:CAR) fell 7.8% during trading on Monday . The company traded as low as GBX 19 ($0.24) and last traded at GBX 21.40 ($0.27). 1,146,019 shares were traded during mid-day trading, an increase of 440% from the average session volume of 212,138 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Stock Down 7.8 %

The business has a 50 day moving average of GBX 24.48 and a 200 day moving average of GBX 30.07. The company has a debt-to-equity ratio of 961.23, a current ratio of 1.33 and a quick ratio of 1.31. The firm has a market capitalization of £15.71 million, a price-to-earnings ratio of -4.76 and a beta of 0.90.

Carclo (LON:CAR) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 0.70 ($0.01) earnings per share for the quarter. Carclo had a negative return on equity of 61.91% and a negative net margin of 2.49%. On average, equities analysts anticipate that Carclo plc will post 4.4999999 EPS for the current year.

Carclo Company Profile

Carclo plc, together with its subsidiaries, engages in the manufacture and sale of injection molded plastic parts. It operates in two segments, CTP and Aerospace. The CTP segment offers value-adding engineered solutions for the life science, optical, and precision component industries. The Aerospace segment supplies systems to the manufacturing and aerospace industries.