The stock of Carclo plc (LON:CAR) hit a new 52-week low and has GBX 101.70 target or 10.00% below today’s GBX 113.00 share price. The 9 months bearish chart indicates high risk for the GBX 82.50 million company. The 1-year low was reported on Nov, 10 by Barchart.com. If the GBX 101.70 price target is reached, the company will be worth GBX 8.25M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 0.22% or GBX 0.25 on November 10, hitting GBX 113. About 94,238 shares traded hands or 51.20% up from the average. Carclo plc (LON:CAR) has declined 21.02% since April 12, 2016 and is downtrending. It has underperformed by 26.66% the S&P500.
Carclo plc (LON:CAR) Ratings Coverage
Out of 3 analysts covering Carclo PLC (LON:CAR), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Carclo PLC has been the topic of 26 analyst reports since August 27, 2015 according to StockzIntelligence Inc. N+1 Singer maintained it with “Buy” rating and GBX 156 target price in Thursday, November 19 report. N+1 Singer maintained Carclo plc (LON:CAR) on Thursday, September 3 with “Hold” rating. N+1 Singer maintained Carclo plc (LON:CAR) on Thursday, October 15 with “Hold” rating. The firm has “Buy” rating given on Monday, July 18 by FinnCap. The stock of Carclo plc (LON:CAR) earned “Buy” rating by Peel Hunt on Tuesday, June 7. The stock of Carclo plc (LON:CAR) has “Buy” rating given on Thursday, February 4 by FinnCap. The rating was maintained by N+1 Singer with “Buy” on Tuesday, October 18. On Friday, October 14 the stock rating was maintained by N+1 Singer with “Buy”. The stock of Carclo plc (LON:CAR) has “Buy” rating given on Friday, December 4 by FinnCap. Peel Hunt maintained Carclo plc (LON:CAR) on Thursday, February 4 with “Buy” rating.
More notable recent Carclo plc (LON:CAR) news were published by: Uk.Finance.Yahoo.com which released: “PEG Ratio (5 yr expected):” on March 29, 2014, also Fool.Co.Uk with their article: “3 unmissable growth bargains? ARM Holdings plc, Carclo plc & Idox plc” published on June 07, 2016, Fool.Co.Uk published: “Should You Invest In Car Stars Carclo plc Or GKN plc?” on November 18, 2015. More interesting news about Carclo plc (LON:CAR) were released by: Fool.Co.Uk and their article: “Why Are Carclo plc & Wincanton plc On The Move Today?” published on February 05, 2015 as well as Fool.Co.Uk‘s news article titled: “Carclo plc’s 27% Plummet Makes Its Shares Attractive” with publication date: May 01, 2014.
Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The company has a market cap of 82.50 million GBP. The Firm is also engaged in the design and supply of specialized injection molded light-emitting diode lighting systems to the automotive industry. It has a 34.03 P/E ratio. The Firm operates through four divisions: Technical Plastics, LED Technologies, Aerospace and CIT Technology.
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