Clipper Logistics (LON:CLG) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Clipper Logistics plc (LON:CLGGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 837 ($10.95) and traded as low as GBX 817 ($10.69). Clipper Logistics shares last traded at GBX 837 ($10.95), with a volume of 11,048,592 shares trading hands.

Clipper Logistics Trading Up 0.2 %

The company has a market cap of £869.17 million and a PE ratio of 37.70. The company has a current ratio of 0.88, a quick ratio of 0.76 and a debt-to-equity ratio of 486.22. The stock has a 50 day moving average price of GBX 837 and a 200 day moving average price of GBX 837.

Clipper Logistics Company Profile

(Get Free Report)

Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services.

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