CPPGroup (LON:CPP) Shares Down 42.9% – Here’s What Happened

CPPGroup Plc (LON:CPPGet Free Report) dropped 42.9% during mid-day trading on Tuesday . The company traded as low as GBX 12 and last traded at GBX 12. Approximately 259,960 shares changed hands during mid-day trading, an increase of 1,173% from the average session volume of 20,415 shares. The stock had previously closed at GBX 21.

CPPGroup Stock Down 13.7%

The company has a market capitalization of £1.47 million, a price-to-earnings ratio of 48.36 and a beta of 1.24. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.76. The business has a 50-day moving average price of GBX 49.07 and a 200-day moving average price of GBX 60.48.

CPPGroup (LON:CPPGet Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported GBX (64.87) earnings per share for the quarter. The company had revenue of GBX 206 million during the quarter. CPPGroup had a negative return on equity of 389.50% and a negative net margin of 300.68%. As a group, equities analysts anticipate that CPPGroup Plc will post 2.72 earnings per share for the current fiscal year.

About CPPGroup

(Get Free Report)

CPP Group is a technology-driven assistance company that creates embedded and ancillary real-time assistance products and resolution services that reduce disruption to everyday life for millions of people across the world, at the time and place they are needed. CPP Group is listed on AIM, operated by the London Stock Exchange.

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