CMO Group (LON:CMO) Trading Down 16.9% – Time to Sell?

CMO Group PLC (LON:CMO) traded down 16.9% during trading on Tuesday . The stock traded as low as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). 104,522 shares changed hands during trading, an increase of 320% from the average session volume of 24,880 shares. The stock had previously closed at GBX 9.63 ($0.12).

CMO Group Stock Down 16.9 %

The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of 38.86. The stock has a market cap of £5.76 million, a P/E ratio of -266.67 and a beta of 0.37. The company’s 50 day moving average price is GBX 11.07 and its two-hundred day moving average price is GBX 13.26.

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.