CMO Group (LON:CMO) Stock Price Down 1.2% – Should You Sell?

CMO Group PLC (LON:CMO)’s share price dropped 1.2% on Tuesday . The company traded as low as GBX 9.51 ($0.12) and last traded at GBX 9.51 ($0.12). Approximately 36,698 shares traded hands during trading, a decline of 15% from the average daily volume of 43,305 shares. The stock had previously closed at GBX 9.63 ($0.12).

CMO Group Stock Performance

The firm has a market capitalization of £6.85 million, a price-to-earnings ratio of -317.07 and a beta of 0.37. The firm has a 50 day moving average price of GBX 12.38 and a 200-day moving average price of GBX 13.75. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.61 and a quick ratio of 0.52.

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.