Checkit (LON:CKT) Shares Down 6.3% – Time to Sell?

Shares of Checkit plc (LON:CKT) were down 6.3% during trading on Tuesday . The stock traded as low as GBX 13.12 ($0.17) and last traded at GBX 13.12 ($0.17). Approximately 34,721 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 274,669 shares. The stock had previously closed at GBX 14 ($0.18).

Checkit Trading Down 6.3 %

The company’s 50 day simple moving average is GBX 14.89 and its 200 day simple moving average is GBX 17.80. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.72 and a quick ratio of 3.32. The firm has a market cap of £14.17 million, a price-to-earnings ratio of -3.01 and a beta of 0.35.

About Checkit

Checkit optimizes the performance of people, processes and physical assets with connected digital solutions.

Our real-time workflow, monitoring and analytics services enable safe and productive work, efficient operations and data-driven insight to continually improve performance in large, complex organisations.

We streamline the work of frontline teams with Connected Workflow Management; protect critical assets with Connected Automated Monitoring and maximize building performance with Connected Building Management.

For over a decade, Checkit has been working with leaders, operational heads and frontline workers in retail, healthcare, life sciences, facilities management, catering, education, manufacturing, hospitality and commercial property.