Carclo (LON:CAR) Trading Up 11.4% – Should You Buy?

Carclo plc (LON:CAR)’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 were traded during 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 Price Performance

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 business has a 50-day moving average of GBX 22.92 and a 200 day moving average of 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.

Carclo Company Profile

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.