CloudCoCo Group (LON:CLCO) Posts Quarterly Earnings Results

CloudCoCo Group (LON:CLCO) released its quarterly earnings results on Monday. The company reported GBX (0.45) (($0.01)) earnings per share 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 Price Performance

Shares of LON CLCO traded down GBX 0.01 ($0.00) during midday trading on Monday, reaching GBX 0.15 ($0.00). The stock had a trading volume of 2,949,443 shares, compared to its average volume of 631,897. The company has a debt-to-equity ratio of 20,360.00, a quick ratio of 0.54 and a current ratio of 0.55. The stock has a 50-day moving average of GBX 0.15 and a 200-day moving average of GBX 0.19. The company has a market capitalization of £1.07 million, a price-to-earnings ratio of -0.51 and a beta of 0.12. CloudCoCo Group has a 12-month low of GBX 0.08 ($0.00) and a 12-month high of GBX 0.75 ($0.01).

About CloudCoCo Group

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.