CloudCoCo Group (LON:CLCO) Posts Quarterly Earnings Results

CloudCoCo Group (LON:CLCO) issued its quarterly earnings data on Tuesday. The company reported GBX (0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CloudCoCo Group had a net margin of 39.86% and a return on equity of 538.46%.

CloudCoCo Group Trading Up 2.9%

Shares of CLCO stock opened at GBX 0.18 on Thursday. The company has a market capitalization of £1.68 million, a price-to-earnings ratio of 0.49 and a beta of 0.12. The company has a current ratio of 0.90, a quick ratio of 0.54 and a debt-to-equity ratio of 21.62. The firm has a 50-day moving average price of GBX 0.20 and a 200 day moving average price of GBX 0.17. CloudCoCo Group has a twelve month low of GBX 0.10 and a twelve month high of GBX 0.40.

About CloudCoCo Group

Cloudcoco specialise in managed IT services and are one of the UK’s leading experts for IT support services. We’re based in the UK with our main offices in Leeds and Warrington operating as one of the best IT support companies in the UK. We are fanatically passionate about our 24×7 managed IT support, and are a leading IT service provider. Our IT Helpdesk is always open to help with our clients with IT maintenance and serve our clients offering 100% customer satisfaction.

We provide business IT support, remote IT support and managed IT solutions to small businesses, enterprise customers and public sector organisations through frameworks such as YPO, Gcloud, Digital Outcomes and other government procurement frameworks.