Insider Buying: Checkit (LON:CKT) Insider Acquires £40,185.08 in Stock

Checkit plc (LON:CKT) insider Kit Kyte acquired 309,116 shares of Checkit stock in a transaction dated Monday, October 27th. The stock was bought at an average price of GBX 13 per share, for a total transaction of £40,185.08.

Kit Kyte also recently made the following trade(s):

• On Tuesday, October 28th, Kit Kyte acquired 140,317 shares of Checkit stock. The stock was bought at an average price of GBX 14 per share, for a total transaction of £19,644.38.

Checkit Stock Up 7.6%

Shares of LON:CKT opened at GBX 14.80 on Friday. The company has a quick ratio of 3.32, a current ratio of 1.72 and a debt-to-equity ratio of 2.48. Checkit plc has a 52-week low of GBX 11.08 and a 52-week high of GBX 20.90. The stock’s fifty day simple moving average is GBX 15.65 and its 200-day simple moving average is GBX 14.95. The company has a market capitalization of £15.99 million, a P/E ratio of -5.29 and a beta of 0.35.

Checkit (LON:CKT) last issued its quarterly earnings data on Tuesday, August 26th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. Checkit had a negative net margin of 36.15% and a negative return on equity of 35.21%. As a group, equities research analysts forecast that Checkit plc will post -5.0737653 earnings per share for the current fiscal year.

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.