Carclo (LON:CAR) Stock Price Down 4.5% – Here’s Why

Carclo plc (LON:CAR) shares were down 4.5% during trading on Friday . The company traded as low as GBX 63.44 and last traded at GBX 67.20. Approximately 191,507 shares were traded during trading, a decline of 42% from the average daily volume of 328,856 shares. The stock had previously closed at GBX 70.40.

Carclo Trading Down 11.2%

The firm has a market cap of £45.88 million, a P/E ratio of 52.08 and a beta of 0.90. The company’s 50 day moving average is GBX 67.92 and its two-hundred day moving average is GBX 53.21. The company has a debt-to-equity ratio of 961.23, a current ratio of 1.33 and a quick ratio of 1.31.

Carclo (LON:CAR) last issued its quarterly earnings results on Friday, November 21st. The company reported GBX 0.90 earnings per share (EPS) for the quarter. Carclo had a negative return on equity of 61.91% and a negative net margin of 2.49%. On average, sell-side analysts predict that Carclo plc will post 4.4999999 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Ian Williamson bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was acquired at an average cost of GBX 67 per share, for a total transaction of £6,700. Also, insider Frank Doorenbosch bought 50,000 shares of Carclo stock in a transaction that occurred on Tuesday, September 30th. The stock was purchased at an average cost of GBX 59 per share, with a total value of £29,500. Insiders own 4.27% of the company’s stock.

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.