Clipper Logistics (LON:CLG) Stock Passes Below 200 Day Moving Average of $843.05

Clipper Logistics plc (LON:CLGGet Rating)’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 843.05 ($9.97) and traded as low as GBX 817 ($9.66). Clipper Logistics shares last traded at GBX 837 ($9.90), with a volume of 11,048,592 shares.

Clipper Logistics Trading Up 0.2 %

The firm has a market capitalization of £869.17 million and a P/E ratio of 37.70. The business’s 50-day moving average is GBX 837 and its 200 day moving average is GBX 843.05. The company has a debt-to-equity ratio of 486.22, a current ratio of 0.88 and a quick ratio of 0.76.

About Clipper Logistics

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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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