CMO Group (LON:CMO) Stock Price Down 16.9% – Here’s What Happened

CMO Group PLC (LON:CMO)’s stock price fell 16.9% on Tuesday . The company traded as low as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). 104,522 shares were traded during trading, an increase of 320% from the average session volume of 24,880 shares. The stock had previously closed at GBX 9.63 ($0.12).

CMO Group Trading Down 10.0 %

The company has a debt-to-equity ratio of 38.86, a quick ratio of 0.52 and a current ratio of 0.61. The company has a market capitalization of £2.91 million, a price-to-earnings ratio of -135.00 and a beta of 0.37. The firm has a fifty day moving average price of GBX 10.80 and a 200-day moving average price of GBX 13.17.

About CMO Group

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.