Checkit (LON:CKT) Shares Down 7.4%

Checkit plc (LON:CKT) shares fell 7.4% on Thursday . The stock traded as low as GBX 24.77 ($0.31) and last traded at GBX 25 ($0.31). 262,084 shares were traded during trading, an increase of 107% from the average session volume of 126,731 shares. The stock had previously closed at GBX 27 ($0.34).

Checkit Price Performance

The company has a debt-to-equity ratio of 3.42, a current ratio of 2.16 and a quick ratio of 3.32. The stock has a market capitalization of £27.00 million, a price-to-earnings ratio of -625.00 and a beta of 0.40. The stock’s 50 day simple moving average is GBX 21.14 and its 200-day simple moving average is GBX 22.04.

Insider Activity

In related news, insider Keith Anthony Daley purchased 100,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The stock was bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,125.63). In the last 90 days, insiders have acquired 600,000 shares of company stock worth $11,250,000. 52.90% of the stock is owned by corporate insiders.

Checkit Company Profile

Checkit plc provides cloud-based services through intelligent operations management platforms for deskless workforces in the United Kingdom and the Americas. The company offers software-as-a-service for connected workflow management, automated monitoring and building energy management, Internet of things, and operational insight-based products and services.