Insider Buying: CT Automotive Group (LON:CTA) Insider Buys 54,945 Shares

CT Automotive Group plc (LON:CTA) insider Gary McGrath bought 54,945 shares of CT Automotive Group stock in a transaction that occurred on Tuesday, July 7th. The shares were bought at an average cost of GBX 36 per share, with a total value of £19,780.20.

CT Automotive Group Stock Up 2.0%

Shares of CTA opened at GBX 37.75 on Thursday. The firm has a market cap of £27.78 million, a P/E ratio of 3.46 and a beta of 0.56. The company has a debt-to-equity ratio of 53.78, a quick ratio of 0.44 and a current ratio of 1.33. CT Automotive Group plc has a 52 week low of GBX 19 and a 52 week high of GBX 43.55. The firm’s 50-day simple moving average is GBX 30.86 and its 200 day simple moving average is GBX 27.74.

CT Automotive Group Company Profile

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling.

CT Automotive’s operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Company build a high-quality roster of world leading OEM end customers, both directly and via global Tier One suppliers including Faurecia and Marelli.