Carclo (LON:CAR) Shares Down 7.8% – Here’s What Happened

Carclo plc (LON:CAR)’s stock price traded down 7.8% during mid-day trading on Monday . The stock traded as low as GBX 19 ($0.24) and last traded at GBX 21.40 ($0.27). 1,146,019 shares were traded during mid-day trading, an increase of 440% from the average session volume of 212,138 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Trading Down 7.8 %

The firm has a market cap of £15.71 million, a price-to-earnings ratio of -4.76 and a beta of 0.90. The business has a 50 day moving average of GBX 24.61 and a 200 day moving average of GBX 30.13. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 961.23.

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 net margin of 2.49% and a negative return on equity of 61.91%. On average, research analysts forecast that Carclo plc will post 4.4999999 earnings per share for the current fiscal 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.