CMO Group (LON:CMO) Reaches New 12-Month Low – Here’s What Happened

CMO Group PLC (LON:CMO)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4.50 ($0.06), with a volume of 312193 shares. The stock had previously closed at GBX 5 ($0.06).

CMO Group Stock Performance

The firm has a market capitalization of £3.24 million, a P/E ratio of -150.00 and a beta of 0.37. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.61 and a quick ratio of 0.52. The stock’s 50 day moving average is GBX 10.80 and its two-hundred day moving average is GBX 13.17.

CMO Group Company Profile

CMO was founded in 2008 as Construction Materials Online by four individuals with a traditional merchants background who spotted an opportunity to disrupt what remains a predominantly offline sector by launching a dedicated online roofing merchant. Roofing Superstore made its first commercial sale in 2009.

Drainage Superstore was the second organic addition to the Group, making its first commercial sale in 2014 followed by a third organic addition, Insulation Superstore in 2015.