CT Automotive Group (LON:CTA) Insider Acquires £9,300 in Stock

CT Automotive Group plc (LON:CTA) insider Geraint Davies purchased 30,000 shares of CT Automotive Group stock in a transaction dated Monday, June 22nd. The shares were purchased at an average price of GBX 31 per share, with a total value of £9,300.

CT Automotive Group Trading Up 0.7%

CT Automotive Group stock opened at GBX 30.70 on Tuesday. The company has a debt-to-equity ratio of 53.78, a quick ratio of 0.44 and a current ratio of 1.33. CT Automotive Group plc has a fifty-two week low of GBX 19 and a fifty-two week high of GBX 45.90. The stock has a market cap of £22.59 million, a P/E ratio of 2.82 and a beta of 0.56. The firm’s fifty day moving average price is GBX 29.21 and its 200-day moving average price is GBX 27.53.

About CT Automotive Group

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.

CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Company build a high-quality roster of world leading OEM end customers, both directly and via global Tier One suppliers including Faurecia and Marelli.