Carclo (LON:CAR) Trading Down 11.2% – Here’s What Happened

Carclo plc (LON:CAR) shares dropped 11.2% during mid-day trading on Monday . The company traded as low as GBX 19 ($0.24) and last traded at GBX 20.60 ($0.26). Approximately 843,522 shares changed hands during trading, an increase of 316% from the average daily volume of 202,971 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Trading Up 0.5 %

The company has a debt-to-equity ratio of 961.23, a current ratio of 1.33 and a quick ratio of 1.31. The firm has a market capitalization of £15.56 million, a PE ratio of -4.72 and a beta of 0.90. The business’s 50-day moving average price is GBX 24.48 and its 200-day moving average price is GBX 30.07.

Carclo (LON:CAR) last announced its 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%. As a group, analysts expect 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.