Coral Products (LON:CRU) Reaches New 52-Week Low – Here’s What Happened

Coral Products PLC (LON:CRU) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 5.25 and last traded at GBX 5.48, with a volume of 299830 shares traded. The stock had previously closed at GBX 5.63.

Coral Products Stock Up 2.6%

The company has a debt-to-equity ratio of 119.30, a quick ratio of 0.74 and a current ratio of 1.14. The firm has a fifty day moving average price of GBX 6.07 and a 200 day moving average price of GBX 7.72. The firm has a market capitalization of £4.90 million, a price-to-earnings ratio of 2.58 and a beta of 0.29.

Insider Buying and Selling at Coral Products

In related news, insider Ian Hillman purchased 80,907 shares of the stock in a transaction dated Monday, April 20th. The shares were acquired at an average cost of GBX 6 per share, with a total value of £4,854.42. Also, insider David Low purchased 50,000 shares of the stock in a transaction dated Monday, April 20th. The shares were bought at an average cost of GBX 6 per share, for a total transaction of £3,000. Corporate insiders own 33.01% of the company’s stock.

Coral Products Company Profile

Coral Products PLC is a manufacturer and distributor of plastic products within a wide range of sectors.
The Group has operations in the UK with manufacturing facilities in Wythenshawe and Denton, Greater Manchester and a distribution facility in Hyde, Greater Manchester.