Carclo (LON:CAR) Stock Passes Above 200-Day Moving Average – Should You Sell?

Carclo plc (LON:CAR) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 50.26 and traded as high as GBX 72.60. Carclo shares last traded at GBX 69.40, with a volume of 201,943 shares.

Carclo Price Performance

The stock has a market capitalization of £50.70 million, a P/E ratio of 57.55 and a beta of 0.90. The stock has a 50 day moving average of GBX 65.20 and a 200-day moving average of GBX 50.26. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 961.23.

Carclo (LON:CAR) last issued its earnings results on Friday, August 29th. The company reported GBX 4.30 earnings per share (EPS) for the quarter. Carclo had a negative net margin of 2.49% and a negative return on equity of 61.91%. On average, equities research analysts anticipate that Carclo plc will post 4.4999999 earnings per share for the current fiscal year.

Insider Transactions at Carclo

In related news, insider Ian Williamson bought 10,000 shares of Carclo stock in a transaction dated Friday, September 19th. The shares were acquired at an average cost of GBX 67 per share, with a total value of £6,700. Also, insider Frank Doorenbosch purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were bought at an average cost of GBX 59 per share, with a total value of £29,500. 4.27% of the stock is owned by corporate insiders.

About Carclo

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.