Dev Clever (LON:DEV) Stock Price Down 50% – Here’s Why

Dev Clever Holdings Plc (LON:DEV) was down 50% on Wednesday . The stock traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.50 ($0.10). Approximately 500,000 shares were traded during mid-day trading, an increase of 99% from the average daily volume of 251,094 shares. The stock had previously closed at GBX 15 ($0.19).

Dev Clever Trading Down 50.0 %

The business’s 50 day simple moving average is GBX 7.50 and its 200-day simple moving average is GBX 7.50. The company has a debt-to-equity ratio of 4.01, a current ratio of 1.30 and a quick ratio of 1.08. The stock has a market capitalization of £63.58 million, a P/E ratio of -75.00 and a beta of -0.69.

Dev Clever Company Profile

Dev Clever Holdings Plc develops software solutions in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States. Its primary products include Launchmycareer.com, Launchyourcareer.com, and VICTAR VR, which are virtual reality careers guidance platforms; and Engage platform.