CT Automotive Group (LON:CTA) Insider Geraint Davies Acquires 20,000 Shares

CT Automotive Group plc (LON:CTA) insider Geraint Davies purchased 20,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was purchased at an average price of GBX 25 per share, for a total transaction of £5,000.

CT Automotive Group Trading Up 2.0%

Shares of CT Automotive Group stock opened at GBX 26 on Monday. The stock has a market capitalization of £19.14 million, a PE ratio of 2.47 and a beta of 0.11. CT Automotive Group plc has a 52 week low of GBX 21 and a 52 week high of GBX 47. The stock has a 50 day moving average price of GBX 27.41 and a two-hundred day moving average price of GBX 31.71. The company has a debt-to-equity ratio of 131.01, a quick ratio of 0.44 and a current ratio of 1.07.

About CT Automotive Group

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.