CloudCoCo Group (LON:CLCO) Posts Earnings Results

CloudCoCo Group (LON:CLCO) released its earnings results on Monday. The company reported GBX (0.45) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CloudCoCo Group had a negative net margin of 7.72% and a negative return on equity of 396.06%.

CloudCoCo Group Stock Down 5.3 %

LON:CLCO traded down GBX 0.01 ($0.00) during trading hours on Wednesday, reaching GBX 0.09 ($0.00). 200,316 shares of the company traded hands, compared to its average volume of 864,960. The business’s 50-day moving average price is GBX 0.15 and its two-hundred day moving average price is GBX 0.19. The stock has a market capitalization of £648,139.14, a P/E ratio of -0.31 and a beta of 0.12. CloudCoCo Group has a 1 year low of GBX 0.08 ($0.00) and a 1 year high of GBX 0.70 ($0.01). The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 20,360.00.

CloudCoCo Group Company Profile

Cloudcoco specialise in managed IT services and are one of the UK’s leading experts for IT support services. We’re based in the UK with our main offices in Leeds and Warrington operating as one of the best IT support companies in the UK. We are fanatically passionate about our 24×7 managed IT support, and are a leading IT service provider.