Checkit (LON:CKT) Sets New 1-Year High on Insider Buying Activity

Checkit plc (LON:CKT)’s stock price hit a new 52-week high during trading on Friday after an insider bought additional shares in the company. The company traded as high as GBX 21 and last traded at GBX 20.90, with a volume of 570594 shares. The stock had previously closed at GBX 19.

Specifically, insider Kit Kyte bought 192,358 shares of Checkit stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average cost of GBX 1,871 per share, with a total value of £3,599,018.18.

Checkit Price Performance

The company has a market cap of £22.57 million, a PE ratio of -7.46 and a beta of 0.35. The business has a 50 day moving average of GBX 16.39 and a 200 day moving average of GBX 15.63. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.72 and a quick ratio of 3.32.

About Checkit

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.