CPPGroup Plc (LON:CPP)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $4.50. CPPGroup shares last traded at $4.50, with a volume of 154,000 shares changing hands.
Separately, Liberum Capital decreased their price target on CPPGroup from GBX 15 ($0.20) to GBX 8 ($0.10) and set a “buy” rating for the company in a research note on Thursday, May 23rd.
The stock has a market cap of $40.56 million and a price-to-earnings ratio of 20.83. The stock has a 50 day moving average price of GBX 4.98. The company has a debt-to-equity ratio of -0.55, a current ratio of 1.25 and a quick ratio of 1.10.
In other news, insider Jason Walsh purchased 300,000 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The stock was acquired at an average cost of GBX 5 ($0.07) per share, for a total transaction of £15,000 ($19,600.16).
CPPGroup Company Profile (LON:CPP)
CPPGroup Plc provides product, marketing, and distribution services to businesses delivering tangible commercial benefits and solutions to their customers worldwide. It offers insurance and assistance products for the protection of mobile phones, payment cards, and household belongings; keeps travel plans moving; and monitors compromised personal data.
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