Clipper Logistics (LON:CLG) Stock Price Passes Above 50-Day Moving Average of $838.28

Shares of Clipper Logistics plc (LON:CLGGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 838.28 ($10.27) and traded as high as GBX 850.77 ($10.42). Clipper Logistics shares last traded at GBX 837 ($10.26), with a volume of 11,048,592 shares trading hands.

Clipper Logistics Stock Performance

The company has a current ratio of 0.88, a quick ratio of 0.76 and a debt-to-equity ratio of 486.22. The company has a market cap of £869.17 million and a price-to-earnings ratio of 37.70. The stock’s 50 day moving average price is GBX 837.78 and its 200 day moving average price is GBX 820.96.

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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