CloudCoCo Group (LON:CLCO) Announces Earnings Results

CloudCoCo Group (LON:CLCO) released its earnings results on Tuesday. The company reported GBX (0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CloudCoCo Group had a return on equity of 58.02% and a net margin of 2.63%.

CloudCoCo Group Price Performance

Shares of CLCO traded down GBX 0.03 during mid-day trading on Friday, hitting GBX 0.15. The company’s stock had a trading volume of 119,870 shares, compared to its average volume of 3,891,357. The firm has a 50-day moving average price of GBX 0.20 and a 200 day moving average price of GBX 0.17. The stock has a market capitalization of £1.40 million, a price-to-earnings ratio of 0.41 and a beta of 0.12. The company has a debt-to-equity ratio of 22.05, a current ratio of 0.78 and a quick ratio of 0.54. CloudCoCo Group has a fifty-two week low of GBX 0.10 and a fifty-two week high of GBX 0.40.

About CloudCoCo Group

Cloudcoco specialise in managed IT services and are one of the UK’s leading experts for IT support services. We’re based in the UK with our main offices in Leeds and Warrington operating as one of the best IT support companies in the UK. We are fanatically passionate about our 24×7 managed IT support, and are a leading IT service provider. Our IT Helpdesk is always open to help with our clients with IT maintenance and serve our clients offering 100% customer satisfaction.

We provide business IT support, remote IT support and managed IT solutions to small businesses, enterprise customers and public sector organisations through frameworks such as YPO, Gcloud, Digital Outcomes and other government procurement frameworks.