Carclo (LON:CAR) Shares Down 11.2% – Here’s What Happened

Shares of Carclo plc (LON:CAR) fell 11.2% during trading on Monday . The stock traded as low as GBX 19 ($0.24) and last traded at GBX 20.60 ($0.26). 843,522 shares traded hands during mid-day trading, an increase of 316% from the average session volume of 202,971 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Stock Performance

The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 961.23. The firm has a market capitalization of £15.12 million, a PE ratio of -4.58 and a beta of 0.90. The stock’s 50 day moving average price is GBX 24.61 and its two-hundred day moving average price is GBX 30.13.

Carclo (LON:CAR) last released 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 expect that Carclo plc will post 4.4999999 earnings per share 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.