Carclo (LON:CAR) Trading Down 7.8% – What’s Next?

Carclo plc (LON:CAR) dropped 7.8% on Monday . The stock traded as low as GBX 19 ($0.24) and last traded at GBX 21.40 ($0.27). Approximately 1,046,019 shares traded hands during mid-day trading, an increase of 400% from the average daily volume of 209,107 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Stock Performance

The firm has a fifty day moving average of GBX 24.48 and a 200-day moving average of GBX 30.07. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 961.23. The stock has a market capitalization of £16.15 million, a price-to-earnings ratio of -4.90 and a beta of 0.90.

Carclo (LON:CAR) last released its quarterly earnings results on Thursday, December 5th. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter. Carclo had a negative return on equity of 61.91% and a negative net margin of 2.49%. As a group, sell-side analysts anticipate that Carclo plc will post 4.4999999 EPS for the current year.

About Carclo

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.