Carclo (LON:CAR) Trading Up 11.4% – Here’s Why

Shares of Carclo plc (LON:CARGet Free Report) were up 11.4% on Tuesday . The stock traded as high as GBX 26.48 ($0.34) and last traded at GBX 26.40 ($0.34). Approximately 1,092,108 shares were traded during mid-day trading, an increase of 393% from the average daily volume of 221,649 shares. The stock had previously closed at GBX 23.70 ($0.31).

Carclo Trading Up 11.4 %

The company has a fifty day moving average price of GBX 22.92 and a 200-day moving average price of GBX 28.53. The firm has a market capitalization of £19.38 million, a price-to-earnings ratio of -5.88 and a beta of 0.90. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 961.23.

About Carclo

(Get Free Report)

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.

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