Clipper Logistics (LON:CLG) Trading 0.2% Higher – Still a Buy?

Clipper Logistics plc (LON:CLGGet Free Report) shares were up 0.2% during trading on Tuesday . The company traded as high as GBX 850.77 ($10.87) and last traded at GBX 837 ($10.69). Approximately 11,048,592 shares changed hands during mid-day trading, an increase of 562% from the average daily volume of 1,670,150 shares. The stock had previously closed at GBX 835 ($10.67).

Clipper Logistics Stock Performance

The company has a debt-to-equity ratio of 486.22, a quick ratio of 0.76 and a current ratio of 0.88. The stock has a market capitalization of £869.17 million and a P/E ratio of 37.70. The business has a 50-day moving average price of GBX 837 and a 200 day moving average price of GBX 837.

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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