CMO Group (LON:CMO) Sets New 12-Month Low – Should You Sell?

Shares of CMO Group PLC (LON:CMO) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 772667 shares trading hands. The stock had previously closed at GBX 4.30 ($0.05).

CMO Group Stock Performance

The company has a debt-to-equity ratio of 34.24, a current ratio of 0.61 and a quick ratio of 0.52. The business has a 50-day simple moving average of GBX 10 and a 200-day simple moving average of GBX 12.89. The firm has a market capitalization of £2.71 million, a PE ratio of -1.10 and a beta of 0.37.

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.