Carclo (LON:CAR) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Carclo plc (LON:CAR) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 53.21 and traded as high as GBX 72.20. Carclo shares last traded at GBX 70.40, with a volume of 232,791 shares.

Carclo Stock Down 12.6%

The stock’s fifty day moving average price is GBX 67.92 and its 200 day moving average price is GBX 53.21. 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 cap of £45.20 million, a P/E ratio of 51.30 and a beta of 0.90.

Carclo (LON:CAR) last posted its quarterly earnings data on Friday, November 21st. The company reported GBX 0.90 earnings per share (EPS) for the quarter. Carclo had a negative net margin of 2.49% and a negative return on equity of 61.91%. As a group, research analysts forecast that Carclo plc will post 4.4999999 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ian Williamson acquired 10,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was purchased at an average cost of GBX 67 per share, for a total transaction of £6,700. Also, insider Frank Doorenbosch acquired 50,000 shares of Carclo stock in a transaction dated Tuesday, September 30th. The shares were purchased at an average price of GBX 59 per share, for a total transaction of £29,500. Insiders own 4.27% of the company’s stock.

Carclo Company Profile

Carclo is a global precision engineering group that designs, industrialises and manufactures regulated, high-reliability solutions at scale in Life Sciences, Aerospace and Safety & Security—delivered in-region, for-region.