Carclo (LON:CAR) Trading Up 11.4% – Here’s Why

Carclo plc (LON:CARGet Free Report)’s share price rose 11.4% during mid-day trading on Tuesday . The stock 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 mid-day 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 business’s 50-day moving average price is GBX 22.92 and its 200-day moving average price is GBX 28.53. The firm has a market capitalization of £19.38 million, a PE ratio of -5.88 and a beta of 0.90. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 961.23.

About Carclo

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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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