CloudCoCo Group (LON:CLCO) Posts Quarterly Earnings Results

CloudCoCo Group (LON:CLCO) released its earnings results on Monday. The company reported GBX (0.45) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CloudCoCo Group had a negative net margin of 7.72% and a negative return on equity of 396.06%.

CloudCoCo Group Stock Performance

Shares of CLCO stock traded down GBX 0.01 ($0.00) during mid-day trading on Monday, reaching GBX 0.15 ($0.00). The stock had a trading volume of 2,949,443 shares, compared to its average volume of 631,897. CloudCoCo Group has a 1-year low of GBX 0.08 ($0.00) and a 1-year high of GBX 0.75 ($0.01). The firm has a market cap of £1.07 million, a price-to-earnings ratio of -0.51 and a beta of 0.12. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 20,360.00. The business’s fifty day moving average is GBX 0.15 and its 200-day moving average is GBX 0.19.

CloudCoCo Group Company Profile

Cloudcoco specialise in managed IT services and are one of the UK’s leading experts for IT support services. We’re based in the UK with our main offices in Leeds and Warrington operating as one of the best IT support companies in the UK. We are fanatically passionate about our 24×7 managed IT support, and are a leading IT service provider.