Checkit (LON:CKT) Reaches New 1-Year Low – What’s Next?

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

Checkit Stock Performance

The company has a current ratio of 1.72, a quick ratio of 3.32 and a debt-to-equity ratio of 2.48. The firm has a market capitalization of £13.73 million, a price-to-earnings ratio of -2.92 and a beta of 0.35. The stock’s 50 day moving average price is GBX 16.05 and its two-hundred day moving average price is GBX 18.63.

Checkit Company Profile

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.