CMO Group (LON:CMO) Sets New 52-Week Low – Time to Sell?

CMO Group PLC (LON:CMO) shares hit a new 52-week low 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 changing hands. The stock had previously closed at GBX 3.50 ($0.05).

CMO Group Stock Up 50.0 %

The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 34.24. The firm has a market capitalization of £3.56 million, a PE ratio of -1.45 and a beta of 0.37. The business’s 50-day moving average price is GBX 5.33 and its 200-day moving average price is GBX 10.63.

Insider Buying and Selling at CMO Group

In other news, insider Kenneth Ford bought 200,000 shares of the stock in a transaction on Monday, March 17th. The shares were purchased at an average price of GBX 256 ($3.30) per share, for a total transaction of £512,000 ($659,199.18). Company insiders own 43.29% of the company’s stock.

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.