Shares of Coral Products PLC (LON:CRU – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 6.14 and traded as low as GBX 5.50. Coral Products shares last traded at GBX 5.50, with a volume of 154,948 shares traded.
Coral Products Price Performance
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 market cap of £4.89 million, a P/E ratio of 2.57 and a beta of 0.29. The company has a 50-day moving average of GBX 6.14 and a 200 day moving average of GBX 7.76.
Insider Activity at Coral Products
In related news, insider David Low bought 50,000 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was acquired at an average price of GBX 6 per share, for a total transaction of £3,000. Also, insider Ian Hillman bought 80,907 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The shares were bought at an average price of GBX 6 per share, with a total value of £4,854.42. 33.01% of the stock is owned by company insiders.
About Coral Products
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.
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