Carclo (LON:CAR) Stock Price Down 11.2% – Here’s Why

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

Carclo Trading Down 11.2 %

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 business has a 50 day moving average price of GBX 24.61 and a 200-day moving average price of GBX 30.13. The firm has a market capitalization of £15.12 million, a PE ratio of -4.58 and a beta of 0.90.

Carclo (LON:CAR) last released its earnings results on Thursday, December 5th. The company reported GBX 0.70 ($0.01) EPS for the quarter. Carclo had a negative return on equity of 61.91% and a negative net margin of 2.49%. 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.