CMO Group (LON:CMO) Stock Price Up 21.1% – Still a Buy?

CMO Group PLC (LON:CMO) shot up 21.1% on Tuesday . The stock traded as high as GBX 3.21 ($0.04) and last traded at GBX 3.21 ($0.04). 259,554 shares traded hands during trading, a decline of 88% from the average session volume of 2,172,046 shares. The stock had previously closed at GBX 2.65 ($0.03).

CMO Group Stock Up 21.1 %

The company has a market cap of £2.18 million, a PE ratio of -0.88 and a beta of 0.37. The company has a fifty day moving average of GBX 5.54 and a two-hundred day moving average of GBX 10.74. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.52 and a current ratio of 0.61.

Insider Buying and Selling at CMO Group

In other news, insider Kenneth Ford acquired 200,000 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was acquired at an average price of GBX 256 ($3.31) per share, with a total value of £512,000 ($661,584.18). Company insiders own 43.29% of the company’s stock.

About CMO Group

CMO was founded in 2008 as Construction Materials Online by four individuals with a traditional merchants background who spotted an opportunity to disrupt what remains a predominantly offline sector by launching a dedicated online roofing merchant. Roofing Superstore made its first commercial sale in 2009.

Drainage Superstore was the second organic addition to the Group, making its first commercial sale in 2014 followed by a third organic addition, Insulation Superstore in 2015.