Carclo (LON:CAR) Trading 7.2% Higher – Still a Buy?

Carclo plc (LON:CARGet Free Report) was up 7.2% on Tuesday . The company traded as high as GBX 26 ($0.34) and last traded at GBX 25.40 ($0.33). Approximately 714,052 shares changed hands during trading, an increase of 231% from the average daily volume of 215,648 shares. The stock had previously closed at GBX 23.70 ($0.31).

Carclo Stock Up 12.6 %

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’s fifty day moving average price is GBX 22.92 and its 200-day moving average price is GBX 28.53. The company has a market cap of £19.59 million, a price-to-earnings ratio of -5.94 and a beta of 0.90.

Carclo Company Profile

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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.

Further Reading

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