Checkit (LON:CKT) Reaches New 1-Year Low – Here’s What Happened

Checkit plc (LON:CKT – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 14 and last traded at GBX 14.65, with a volume of 177,550 shares trading hands. The stock had previously closed at GBX 14.50.

Checkit Stock Up 1.0%

The stock has a market capitalization of £15.82 million, a price-to-earnings ratio of -9.16 and a beta of 0.24. The company has a quick ratio of 3.32, a current ratio of 1.13 and a debt-to-equity ratio of 2.63. The business’s 50-day moving average is GBX 18.95 and its two-hundred day moving average is GBX 20.20.

Checkit (LON:CKT – Get Free Report) last posted its earnings results on Monday, September 28th. The company reported GBX (1.20) earnings per share for the quarter. Checkit had a negative net margin of 12.21% and a negative return on equity of 20.00%. Equities analysts anticipate that Checkit plc will post -5.07 EPS for the current year.

Insider Transactions at Checkit

In other Checkit news, insider Kit Kyte purchased 618,745 shares of the company’s stock in a transaction on Wednesday, September 30th. The stock was acquired at an average price of GBX 16 per share, for a total transaction of £98,999.20. 28.09% of the stock is owned by company insiders.

Checkit Company Profile

(Get Free Report)

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.

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