Crystal Amber (LON:CRS) Trading 1% Higher – Time to Buy?

Crystal Amber (LON:CRS) shot up 1% during mid-day trading on Thursday . The stock traded as high as GBX 102 and last traded at GBX 102. 27,964 shares were traded during trading, a decline of 55% from the average session volume of 61,640 shares. The stock had previously closed at GBX 101.

Crystal Amber Trading Up 1.0%

The firm has a 50-day moving average of GBX 108.38 and a 200 day moving average of GBX 122.67. The stock has a market capitalization of £60.92 million, a price-to-earnings ratio of -12.09 and a beta of 0.21.

Crystal Amber (LON:CRS) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX (0.64) earnings per share (EPS) for the quarter. The business had revenue of GBX 34 million for the quarter. Crystal Amber had a negative return on equity of 1.18% and a negative net margin of 29.43%.

About Crystal Amber

Crystal Amber Fund Limited is a closed-ended equity mutual fund launched by Crystal Amber Asset Management (Guernsey) Limited. It is managed by Crystal Amber Advisors (UK) LLP. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of mid-cap companies having market capitalizations between £100 million and £1,000 million. It employs an activist approach with a focus on such factors as replacement value, cash generation ability, balance sheet strength, and meetings with management to create its portfolio.