Checkit (LON:CKT) Trading 28.4% Higher – Time to Buy?

Checkit plc (LON:CKT)’s stock price was up 28.4% during trading on Thursday . The stock traded as high as GBX 19 and last traded at GBX 18.30. Approximately 223,906 shares changed hands during trading, an increase of 62% from the average daily volume of 138,487 shares. The stock had previously closed at GBX 14.25.

Checkit Trading Up 1.7%

The company has a debt-to-equity ratio of 4.40, a quick ratio of 3.32 and a current ratio of 1.27. The company has a market capitalization of £19.77 million, a PE ratio of -6.54 and a beta of 0.16. The business has a fifty day moving average price of GBX 17.20 and a 200 day moving average price of GBX 17.60.

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.