Checkit (LON:CKT) Trading Down 15.6% – Should You Sell?

Checkit plc (LON:CKT)’s share price fell 15.6% during trading on Wednesday . The stock traded as low as GBX 11.40 ($0.15) and last traded at GBX 11.40 ($0.15). 389,744 shares were traded during trading, an increase of 45% from the average session volume of 268,504 shares. The stock had previously closed at GBX 13.50 ($0.17).

Checkit Price Performance

The firm has a fifty day moving average of GBX 14.31 and a 200 day moving average of GBX 17.45. 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 company has a market capitalization of £12.31 million, a P/E ratio of -2.62 and a beta of 0.35.

Checkit Company Profile

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.