Calnex Solutions plc (LON:CLX – Get Free Report)’s stock price traded down 1.1% on Friday . The company traded as low as GBX 42 ($0.54) and last traded at GBX 43 ($0.55). 44,543 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 81,681 shares. The stock had previously closed at GBX 43.50 ($0.56).
Calnex Solutions Stock Performance
The company has a current ratio of 4.15, a quick ratio of 3.22 and a debt-to-equity ratio of 1.52. The stock has a market cap of £38.21 million, a PE ratio of 951.33 and a beta of 1.86. The business’s 50-day moving average price is GBX 55.59 and its 200-day moving average price is GBX 58.54.
Insiders Place Their Bets
In other Calnex Solutions news, insider Helen Kelisky purchased 20,202 shares of the stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of GBX 50 ($0.64) per share, with a total value of £10,101 ($13,030.19). Corporate insiders own 25.23% of the company’s stock.
About Calnex Solutions
Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Calnex’s portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it.
To date, Calnex has secured and delivered orders in 68 countries across the world.
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