CloudCoco Group (CLCO)

Sector:

IT Services

Index:

FTSE AIM All-Share

0.23p
   
  • Change Today:
    -0.025p
  • 52 Week High: 1.23
  • 52 Week Low: 0.17
  • Currency: UK Pounds
  • Shares Issued: 706.22m
  • Volume: 313,100
  • Market Cap: £1.59m
  • RiskGrade: 488

Cloudcoco wins largest ever managed services contract

By Iain Gilbert

Date: Monday 15 Nov 2021

LONDON (ShareCast) - (Sharecast News) - IT services provider Cloudcoco has been awarded a multi-year contract with a new global customer in the digital transformation services industry.
The AIM-listed group stated the contract was valued at approximately £3.0m over a period of three years, with further upside potential.

Cloudcoco highlighted that it was the largest managed services contract signed by the company since being formed in April 2018 and will see the mystery customer receive "a high availability hosted cloud platform solution" tailored to its needs.

Chief executive Mark Halpin said: "It has been a busy few months from an M&A perspective, so I'm delighted to be able to follow that activity with a new business win of this magnitude. We look forward to working with our new customer to take their IT infrastructure to the next level."

As of 1310 GMT, Cloudcoco shares were up 5.88% at 1.80p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CLCO Market Data

Currency UK Pounds
Share Price 0.23p
Change Today -0.025p
% Change -10.00 %
52 Week High 1.23
52 Week Low 0.17
Volume 313,100
Shares Issued 706.22m
Market Cap £1.59m
RiskGrade 488

CLCO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.7% below the market average36.7% below the market average36.7% below the market average36.7% below the market average36.7% below the market average
32.50% above the sector average32.50% above the sector average32.50% above the sector average32.50% above the sector average32.50% above the sector average
Price Trend
89.16% below the market average89.16% below the market average89.16% below the market average89.16% below the market average89.16% below the market average
93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average
Income Not Available
Growth
41.03% above the market average41.03% above the market average41.03% above the market average41.03% above the market average41.03% above the market average
42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average

CLCO Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:30 312,500 @ 0.21p
09:27 600 @ 0.25p

CLCO Key Personnel

CFO Darron Giddens

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