Checkit (LON:CKT) Trading 11.6% Higher – What’s Next?

Checkit plc (LON:CKT) rose 11.6% during trading on Tuesday . The stock traded as high as GBX 13.70 ($0.17) and last traded at GBX 13 ($0.17). Approximately 331,297 shares traded hands during trading, an increase of 23% from the average daily volume of 269,593 shares. The stock had previously closed at GBX 11.65 ($0.15).

Checkit Stock Performance

The stock’s 50 day moving average price is GBX 14.48 and its two-hundred day moving average price is GBX 17.57. The company has a current ratio of 1.72, a quick ratio of 3.32 and a debt-to-equity ratio of 2.48. The firm has a market capitalization of £14.04 million, a price-to-earnings ratio of -2.99 and a beta of 0.35.

About Checkit

Checkit optimizes the performance of people, processes and physical assets with connected digital solutions.

Our real-time workflow, monitoring and analytics services enable safe and productive work, efficient operations and data-driven insight to continually improve performance in large, complex organisations.

We streamline the work of frontline teams with Connected Workflow Management; protect critical assets with Connected Automated Monitoring and maximize building performance with Connected Building Management.

For over a decade, Checkit has been working with leaders, operational heads and frontline workers in retail, healthcare, life sciences, facilities management, catering, education, manufacturing, hospitality and commercial property.