CMO Group (LON:CMO) Stock Price Down 16.9% – Should You Sell?

Shares of CMO Group PLC (LON:CMO) were down 16.9% during mid-day trading on Tuesday . The stock traded as low as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). Approximately 104,522 shares changed hands during trading, an increase of 320% from the average daily volume of 24,880 shares. The stock had previously closed at GBX 9.63 ($0.12).

CMO Group Trading Down 10.0 %

The business has a fifty day moving average price of GBX 10.80 and a 200-day moving average price of GBX 13.17. The company has a market cap of £2.91 million, a P/E ratio of -135.00 and a beta of 0.37. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 38.86.

About CMO Group

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.