Coral Products (LON:CRU) Shares Down 34% – Here’s Why

Coral Products PLC (LON:CRU – Get Free Report)’s stock price fell 34% during trading on Thursday . The company traded as low as GBX 3.06 and last traded at GBX 3.20. Approximately 1,790,182 shares were traded during mid-day trading, an increase of 1,236% from the average daily volume of 133,985 shares. The stock had previously closed at GBX 4.85.

Coral Products Stock Performance

The company has a quick ratio of 0.74, a current ratio of 1.14 and a debt-to-equity ratio of 119.30. The stock has a market cap of £2.84 million, a P/E ratio of 1.50 and a beta of 0.31. The firm’s 50-day moving average is GBX 5.16 and its two-hundred day moving average is GBX 5.91.

Coral Products Company Profile

(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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