CloudCoCo Group (LON:CLCO) Issues Earnings Results

CloudCoCo Group (LON:CLCO) released its quarterly earnings data on Tuesday. The company reported GBX (0.03) EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 440 million during the quarter. CloudCoCo Group had a net margin of 39.86% and a return on equity of 538.46%.

CloudCoCo Group Stock Performance

LON CLCO opened at GBX 0.20 on Tuesday. The stock has a market cap of £1.87 million, a PE ratio of 0.54 and a beta of 0.12. The company has a debt-to-equity ratio of 21.62, a quick ratio of 0.54 and a current ratio of 0.90. The firm has a 50-day moving average of GBX 0.20 and a 200-day moving average of GBX 0.17. CloudCoCo Group has a 52-week low of GBX 0.10 and a 52-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.