Clipper Logistics (LON:CLG) Shares Pass Above 50-Day Moving Average of $837.00

Clipper Logistics plc (LON:CLG – Get Rating) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 837 ($10.41) and traded as high as GBX 850.77 ($10.58). Clipper Logistics shares last traded at GBX 837 ($10.41), with a volume of 11,048,592 shares.

Clipper Logistics Stock Performance

The company has a market cap of £869.17 million and a P/E ratio of 37.70. 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 stock has a 50 day moving average price of GBX 837 and a two-hundred day moving average price of GBX 837.

Clipper Logistics Company Profile

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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.