Shares of Starcom PLC (LON:STAR) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 1.07 ($0.01) and last traded at GBX 1.10 ($0.01), with a volume of 7912026 shares traded. The stock had previously closed at GBX 1.20 ($0.02).
The company has a debt-to-equity ratio of 35.20, a quick ratio of 0.68 and a current ratio of 1.38. The company has a market cap of $3.80 million and a price-to-earnings ratio of -3.67. The firm has a 50-day moving average of GBX 1.37.
In related news, insider Michael Rosenberg sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of GBX 2 ($0.03), for a total transaction of £10,000 ($13,066.77).
Starcom plc is engaged in the development of wireless solutions for the remote tracking, monitoring and protection of various types of assets and people. The Company, along with its subsidiaries, has four operating segments: sets, accessory, Web and other. The Company has two wholly owned subsidiaries: Starcom G.P.S.
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