Coral Products PLC (LON:CRU – Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 5 and last traded at GBX 5.50, with a volume of 127 shares changing hands. The stock had previously closed at GBX 5.25.
Coral Products Price Performance
The company has a market cap of £4.89 million, a price-to-earnings ratio of 2.57 and a beta of 0.31. The company has a 50-day simple moving average of GBX 5.69 and a 200-day simple moving average of GBX 7.44. The company has a debt-to-equity ratio of 119.30, a quick ratio of 0.74 and a current ratio of 1.14.
Insiders Place Their Bets
In other Coral Products news, insider Ian Hillman acquired 80,907 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were purchased at an average price of GBX 6 per share, with a total value of £4,854.42. Also, insider David Low acquired 50,000 shares of the business’s stock in a transaction on Monday, April 20th. The stock was acquired at an average price of GBX 6 per share, with a total value of £3,000. Corporate insiders own 33.01% of the company’s stock.
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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