Coral Products (LON:CRU) Sets New 1-Year Low – Here’s Why

Coral Products PLC (LON:CRU)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 5.25 and last traded at GBX 5.75, with a volume of 15910 shares changing hands. The stock had previously closed at GBX 5.75.

Coral Products Price Performance

The company has a debt-to-equity ratio of 119.30, a current ratio of 1.14 and a quick ratio of 0.74. The firm’s 50 day moving average is GBX 6.41 and its two-hundred day moving average is GBX 7.92. The firm has a market capitalization of £5.11 million, a P/E ratio of 2.69 and a beta of 0.29.

Insider Activity

In other Coral Products news, insider David Low acquired 50,000 shares of Coral Products stock in a transaction that occurred on Monday, April 20th. The shares were acquired at an average cost of GBX 6 per share, with a total value of £3,000. Also, insider Ian Hillman acquired 80,907 shares of Coral Products stock in a transaction that occurred on Monday, April 20th. The stock was acquired at an average cost of GBX 6 per share, for a total transaction of £4,854.42. Company insiders own 32.86% 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.