Clipper Logistics (LON:CLG) Stock Price Crosses Above 50 Day Moving Average of $315.00

Clipper Logistics PLC (LON:CLG)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $315.00 and traded as high as $339.50. Clipper Logistics shares last traded at $330.00, with a volume of 62,297 shares changing hands.

Several equities research analysts recently commented on CLG shares. Peel Hunt reiterated a “not rated” rating on shares of Clipper Logistics in a report on Tuesday, June 2nd. Peel Hunt reiterated a “not rated” rating on shares of Clipper Logistics in a report on Tuesday, June 2nd. Finally, Shore Capital reiterated a “house stock” rating on shares of Clipper Logistics in a report on Tuesday, July 7th.

The firm has a fifty day moving average of GBX 315 and a 200 day moving average of GBX 256.96. The company has a market capitalization of $340.14 million and a P/E ratio of 24.24. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 1,015.79.

Clipper Logistics Company Profile (LON:CLG)

Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom, Germany, and rest of Europe. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. It offers e-fulfilment, returns management, port deconsolidation logistics, retail consolidation, multichannel, warehousing, secure logistics, transportation, and contract packaging services.

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