Checkit (LON:CKT) Trading Down 7.4%

Checkit plc (LON:CKT) traded down 7.4% during trading on Thursday . The company traded as low as GBX 24.77 ($0.31) and last traded at GBX 25 ($0.31). 262,084 shares traded hands during mid-day 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 Trading Down 7.4 %

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

Insider Activity

In related news, insider Keith Anthony Daley purchased 250,000 shares of Checkit stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of GBX 19 ($0.24) per share, for a total transaction of £47,500 ($59,673.37). Insiders purchased 600,000 shares of company stock worth $11,250,000 over the last ninety days. Corporate insiders own 52.90% of the company’s stock.

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.