Clipper Logistics (LON:CLG) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Clipper Logistics plc (LON:CLG)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 837 ($10.95) and traded as low as GBX 817 ($10.69). Clipper Logistics shares last traded at GBX 837 ($10.95), with a volume of 11,048,592 shares traded.

Clipper Logistics Trading Up 0.2 %

The company has a quick ratio of 0.76, a current ratio of 0.88 and a debt-to-equity ratio of 486.22. The business’s fifty day moving average is GBX 837 and its 200 day moving average is GBX 837. The firm has a market capitalization of £869.17 million and a price-to-earnings ratio of 37.70.

Clipper Logistics Company Profile

Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom and rest of Europe. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. It offers e-fulfilment, returns management, multichannel, technical services, warehousing, urban and retail consolidation, secure logistics, transportation, port deconsolidation logistics, and contract packaging services.