Calnex Solutions plc (LON:CLX – Get Free Report)’s share price was down 1.1% during mid-day trading on Friday . The stock traded as low as GBX 42 ($0.54) and last traded at GBX 43 ($0.55). Approximately 44,543 shares traded hands during trading, a decline of 45% from the average daily volume of 81,681 shares. The stock had previously closed at GBX 43.50 ($0.56).
Calnex Solutions Stock Down 1.1 %
The company has a market capitalization of £38.21 million, a price-to-earnings ratio of 951.33 and a beta of 1.86. The business’s 50-day moving average is GBX 55.59 and its 200-day moving average is GBX 58.54. The company has a quick ratio of 3.22, a current ratio of 4.15 and a debt-to-equity ratio of 1.52.
Insider Buying and Selling
In other Calnex Solutions news, insider Helen Kelisky purchased 20,202 shares of Calnex Solutions stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of GBX 50 ($0.64) per share, with a total value of £10,101 ($13,030.19). 25.23% of the stock is owned by corporate insiders.
About Calnex Solutions
Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Calnex’s portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it.
To date, Calnex has secured and delivered orders in 68 countries across the world.
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