Calnex Solutions (LON:CLX) Stock Price Down 0.8% - What's Next?

Calnex Solutions plc (LON:CLX - Get Free Report) shares traded down 0.8% during trading on Thursday . The company traded as low as GBX 65 ($0.80) and last traded at GBX 65 ($0.80). 358,068 shares changed hands during trading, an increase of 215% from the average session volume of 113,682 shares. The stock had previously closed at GBX 65.50 ($0.80).

Calnex Solutions Trading Down 1.4 %

The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.22 and a current ratio of 4.15. The stock has a market cap of £57.00 million, a price-to-earnings ratio of 1,756.33 and a beta of 1.86. The company's 50 day simple moving average is GBX 66.12 and its two-hundred day simple moving average is GBX 57.64.

Calnex Solutions (LON:CLX - Get Free Report) last posted its quarterly earnings results on Tuesday, November 19th. The company reported GBX (1.13) (($0.01)) earnings per share for the quarter. Calnex Solutions had a return on equity of 0.15% and a net margin of 0.25%. Research analysts expect that Calnex Solutions plc will post 0.3596909 EPS for the current fiscal year.

Calnex Solutions Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 16th. Stockholders of record on Thursday, November 28th were paid a dividend of GBX 0.31 ($0.00) per share. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 0.48%.

About Calnex Solutions

Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Calnex's portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it. To date, Calnex has secured and delivered orders in 68 countries across the world.