CMO Group (LON:CMO) Reaches New 1-Year Low – Time to Sell?

CMO Group PLC (LON:CMO) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 5.25 ($0.07), with a volume of 1250178 shares traded. The stock had previously closed at GBX 3.50 ($0.05).

CMO Group Stock Up 50.0 %

The firm’s 50 day moving average price is GBX 5.16 and its two-hundred day moving average price is GBX 10.53. The firm has a market capitalization of £3.56 million, a PE ratio of -1.45 and a beta of 0.37. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 34.24.

Insider Buying and Selling at CMO Group

In related news, insider Kenneth Ford purchased 200,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of GBX 256 ($3.31) per share, with a total value of £512,000 ($662,697.39). 43.29% of the stock is currently owned by corporate insiders.

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.