Calnex Solutions (LON:CLX) Stock Price Down 1.2% – Should You Sell?

Shares of Calnex Solutions plc (LON:CLX) traded down 1.2% on Friday . The stock traded as low as GBX 59.78 ($0.76) and last traded at GBX 59.78 ($0.76). 21,777 shares changed hands during trading, a decline of 72% from the average session volume of 78,042 shares. The stock had previously closed at GBX 60.50 ($0.76).

Calnex Solutions Price Performance

The company has a market capitalization of £53.12 million, a PE ratio of 1,322.53 and a beta of 1.86. The firm has a fifty day moving average of GBX 66.18 and a two-hundred day moving average of GBX 59.09. The company has a current ratio of 4.15, a quick ratio of 3.22 and a debt-to-equity ratio of 1.52.

About Calnex Solutions

Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Calnex’s portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it.

To date, Calnex has secured and delivered orders in 68 countries across the world.