Carclo (LON:CAR) Shares Up 8.8% – Time to Buy?

Carclo plc (LON:CARGet Free Report)’s share price rose 8.8% during mid-day trading on Wednesday . The company traded as high as GBX 37 and last traded at GBX 36. 984,222 shares traded hands during trading, an increase of 155% from the average daily volume of 386,510 shares. The stock had previously closed at GBX 33.10.

Carclo Stock Up 8.8%

The firm has a market cap of £26.43 million, a P/E ratio of 10.00 and a beta of 0.59. The company’s 50-day simple moving average is GBX 33.90 and its 200 day simple moving average is GBX 43.80. The company has a debt-to-equity ratio of -343.35, a current ratio of 1.33 and a quick ratio of 1.31.

Carclo (LON:CARGet Free Report) last posted its earnings results on Wednesday, July 1st. The company reported GBX 4.10 earnings per share for the quarter. Carclo had a net margin of 2.36% and a negative return on equity of 29.78%. Research analysts anticipate that Carclo plc will post 4.4999999 EPS for the current fiscal year.

About Carclo

(Get Free Report)

Carclo is a global precision engineering group that designs, industrialises and manufactures regulated, high-reliability solutions at scale in Life Sciences, Aerospace and Safety & Security—delivered in-region, for-region.

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