Clipper Logistics plc (LON:CLG – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 837 ($10.85) and traded as low as GBX 817 ($10.60). Clipper Logistics shares last traded at GBX 837 ($10.85), with a volume of 11,048,592 shares changing hands.
Clipper Logistics Price Performance
The company has a debt-to-equity ratio of 486.22, a quick ratio of 0.76 and a current ratio of 0.88. The company has a market capitalization of £869.17 million and a price-to-earnings ratio of 37.70. The stock’s fifty day simple moving average is GBX 837 and its two-hundred day simple moving average is GBX 837.
About Clipper Logistics
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.
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