Carclo (LON:CAR) Trading Up 11.4% – Time to Buy?

Shares of Carclo plc (LON:CARGet Free Report) were up 11.4% during mid-day trading on Wednesday . The stock traded as high as GBX 26.48 ($0.34) and last traded at GBX 26.40 ($0.34). Approximately 1,092,108 shares changed hands during 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 Performance

The firm has a market cap of £19.38 million, a PE ratio of -5.88 and a beta of 0.90. The stock has a 50-day moving average price of GBX 22.90 and a 200 day moving average price of GBX 28.51. The company has a debt-to-equity ratio of 961.23, a current ratio of 1.33 and a quick ratio of 1.31.

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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