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

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

Coral Products Trading Down 6.6%

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

Insider Activity at Coral Products

In other news, insider Ian Hillman purchased 80,907 shares of the business’s stock in a transaction on Monday, April 20th. The shares were acquired at an average price of GBX 6 per share, for a total transaction of £4,854.42. Also, insider David Low purchased 50,000 shares of the business’s stock in a transaction on Monday, April 20th. The stock was purchased at an average price of GBX 6 per share, for a total transaction of £3,000. 32.86% of the stock is currently owned by corporate insiders.

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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