Carclo (LON:CAR) Stock Price Down 7.8% – Here’s What Happened

Carclo plc (LON:CAR) shares dropped 7.8% on Monday . The stock traded as low as GBX 19 ($0.24) and last traded at GBX 21.40 ($0.27). Approximately 1,046,019 shares changed hands during mid-day trading, an increase of 400% from the average daily volume of 209,107 shares. The stock had previously closed at GBX 23.20 ($0.29).

Carclo Stock Down 7.8 %

The stock has a market cap of £15.71 million, a price-to-earnings ratio of -4.76 and a beta of 0.90. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 961.23. The stock has a fifty day moving average of GBX 24.61 and a two-hundred day moving average of GBX 30.13.

Carclo (LON:CAR) last issued its quarterly earnings results on Thursday, December 5th. The company reported GBX 0.70 ($0.01) earnings per share for the quarter. Carclo had a negative return on equity of 61.91% and a negative net margin of 2.49%. As a group, analysts predict that Carclo plc will post 4.4999999 EPS for the current fiscal year.

Carclo Company Profile

Carclo plc, together with its subsidiaries, engages in the manufacture and sale of injection molded plastic parts. It operates in two segments, CTP and Aerospace. The CTP segment offers value-adding engineered solutions for the life science, optical, and precision component industries. The Aerospace segment supplies systems to the manufacturing and aerospace industries.