Carclo (LON:CAR) Trading 11.4% Higher – Should You Buy?

Carclo plc (LON:CARGet Free Report) shares rose 11.4% during mid-day trading on Tuesday . The company 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 Up 11.4 %

The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 961.23. The stock has a market capitalization of £19.38 million, a PE ratio of -5.88 and a beta of 0.90. The stock’s fifty day simple moving average is GBX 22.92 and its 200-day simple moving average is GBX 28.53.

Carclo Company Profile

(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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