Carclo (LON:CAR) Trading 11.4% Higher – Here’s Why

by · The Markets Daily

Carclo plc (LON:CAR – Get Free Report)’s stock price rose 11.4% on Tuesday . The company traded as high as GBX 26.48 ($0.35) and last traded at GBX 26.40 ($0.35). Approximately 1,092,108 shares traded hands during mid-day trading, an increase of 393% from the average daily volume of 221,649 shares. The stock had previously closed at GBX 23.70 ($0.31).

Carclo Stock Down 3.9 %

The company has a market capitalization of £17.99 million, a price-to-earnings ratio of -5.45 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 firm has a 50 day moving average price of GBX 22.90 and a two-hundred day moving average price of GBX 28.41.

About Carclo

(Get Free Report)

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.

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