Clipper Logistics (LON:CLG) Shares Pass Above Fifty Day Moving Average – Should You Sell?

by · The Cerbat Gem

Clipper Logistics plc (LON:CLG – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 837 ($10.55) and traded as high as GBX 850.77 ($10.72). Clipper Logistics shares last traded at GBX 837 ($10.55), with a volume of 11,048,592 shares traded.

Clipper Logistics Price Performance

The stock has a 50-day moving average price of GBX 837 and a two-hundred day moving average price of GBX 837. The company has a current ratio of 0.88, a quick ratio of 0.76 and a debt-to-equity ratio of 486.22. The stock has a market cap of £869.17 million and a price-to-earnings ratio of 37.70.

Clipper Logistics Company Profile

(Get Free Report)

Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services.

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