CMO Group PLC (LON:CMO) Insider Kenneth Ford Acquires 200,000 Shares

CMO Group PLC (LON:CMO) insider Kenneth Ford acquired 200,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was acquired at an average cost of GBX 256 ($3.33) per share, with a total value of £512,000 ($666,059.58).

CMO Group Price Performance

Shares of LON CMO opened at GBX 2.53 ($0.03) on Thursday. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.52 and a current ratio of 0.61. The stock has a market cap of £1.72 million, a PE ratio of -0.70 and a beta of 0.37. CMO Group PLC has a fifty-two week low of GBX 0.35 ($0.00) and a fifty-two week high of GBX 23.50 ($0.31). The stock has a fifty day moving average of GBX 5.95 and a 200-day moving average of GBX 11.02.

CMO Group Company Profile

CMO was founded in 2008 as Construction Materials Online by four individuals with a traditional merchants background who spotted an opportunity to disrupt what remains a predominantly offline sector by launching a dedicated online roofing merchant. Roofing Superstore made its first commercial sale in 2009.

Drainage Superstore was the second organic addition to the Group, making its first commercial sale in 2014 followed by a third organic addition, Insulation Superstore in 2015.