CMO Group PLC (LON:CMO) Insider Kenneth Ford Acquires 200,000 Shares

CMO Group PLC (LON:CMO) insider Kenneth Ford bought 200,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of GBX 256 ($3.33) per share, for a total transaction of £512,000 ($665,021.43).

CMO Group Price Performance

CMO Group stock traded up GBX 0.15 ($0.00) during midday trading on Tuesday, reaching GBX 2.65 ($0.03). 1,755 shares of the stock were exchanged, compared to its average volume of 2,363,924. The company’s fifty day moving average is GBX 6.21 and its 200-day moving average is GBX 11.16. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.52 and a current ratio of 0.61. The firm has a market cap of £1.80 million, a PE ratio of -0.73 and a beta of 0.37. CMO Group PLC has a 52 week low of GBX 0.35 ($0.00) and a 52 week high of GBX 23.50 ($0.31).

CMO Group Company Profile

CMO was founded in 2008 as Construction Materials Online by four individuals with a traditional merchants background who spotted an opportunity to disrupt what remains a predominantly offline sector by launching a dedicated online roofing merchant. Roofing Superstore made its first commercial sale in 2009.

Drainage Superstore was the second organic addition to the Group, making its first commercial sale in 2014 followed by a third organic addition, Insulation Superstore in 2015.