CMO Group PLC (LON:CMO) Insider Purchases £512,000 in Stock

CMO Group PLC (LON:CMO) insider Kenneth Ford purchased 200,000 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was acquired at an average cost of GBX 256 ($3.33) per share, for a total transaction of £512,000 ($665,626.63).

CMO Group Price Performance

Shares of CMO stock opened at GBX 2.65 ($0.03) on Wednesday. The company has a debt-to-equity ratio of 34.24, a current ratio of 0.61 and a quick ratio of 0.52. The firm’s 50-day moving average is GBX 6.08 and its two-hundred day moving average is GBX 11.08. CMO Group PLC has a 12 month low of GBX 0.35 ($0.00) and a 12 month high of GBX 23.50 ($0.31). The company has a market capitalization of £1.80 million, a PE ratio of -0.73 and a beta of 0.37.

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.