Checkit (LON:CKT) Shares Down 1.4% – Here’s Why

Checkit plc (LON:CKT)’s stock price fell 1.4% during trading on Monday . The company traded as low as GBX 17.34 ($0.22) and last traded at GBX 17.75 ($0.22). 891,557 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 752,989 shares. The stock had previously closed at GBX 18 ($0.22).

Checkit Trading Down 5.0 %

The company’s fifty day moving average price is GBX 18.51 and its two-hundred day moving average price is GBX 20.91. The company has a quick ratio of 3.32, a current ratio of 1.72 and a debt-to-equity ratio of 2.48. The company has a market cap of £17.96 million, a price-to-earnings ratio of -415.63 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.