Checkit (LON:CKT) Sets New 52-Week Low – Should You Sell?

Checkit plc (LON:CKT) hit a new 52-week low on Tuesday . The stock traded as low as GBX 12.97 ($0.17) and last traded at GBX 13 ($0.17), with a volume of 119000 shares changing hands. The stock had previously closed at GBX 14 ($0.18).

Checkit Stock Down 7.1 %

The company has a quick ratio of 3.32, a current ratio of 1.72 and a debt-to-equity ratio of 2.48. The stock has a 50-day simple moving average of GBX 16.36 and a 200-day simple moving average of GBX 18.80. The firm has a market capitalization of £14.04 million, a PE ratio of -2.99 and a beta of 0.35.

About Checkit

Checkit optimizes the performance of people, processes and physical assets with connected digital solutions.

Our real-time workflow, monitoring and analytics services enable safe and productive work, efficient operations and data-driven insight to continually improve performance in large, complex organisations.

We streamline the work of frontline teams with Connected Workflow Management; protect critical assets with Connected Automated Monitoring and maximize building performance with Connected Building Management.

For over a decade, Checkit has been working with leaders, operational heads and frontline workers in retail, healthcare, life sciences, facilities management, catering, education, manufacturing, hospitality and commercial property.