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

Shares of Coral Products PLC (LON:CRUGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 5.25 and last traded at GBX 5.26, with a volume of 320411 shares trading hands. The stock had previously closed at GBX 5.63.

Coral Products Trading Down 6.6%

The company has a current ratio of 1.14, a quick ratio of 0.74 and a debt-to-equity ratio of 119.30. The firm has a 50-day moving average of GBX 7.22 and a 200 day moving average of GBX 8.24. The company has a market cap of £4.67 million, a P/E ratio of 2.46 and a beta of 0.43.

Insider Activity

In other Coral Products news, 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, for a total transaction of £4,854.42. Also, insider David Low bought 50,000 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The shares were acquired at an average price of GBX 6 per share, for a total transaction of £3,000. 32.86% of the stock is owned by corporate insiders.

About Coral Products

(Get Free Report)

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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