Coral Products (LON:CRU) Sets New 1-Year Low – What’s Next?

Coral Products PLC (LON:CRUGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 5.25 and last traded at GBX 5.75, with a volume of 15910 shares changing hands. The stock had previously closed at GBX 5.75.

Coral Products Stock Down 2.2%

The stock has a market capitalization of £4.89 million, a price-to-earnings ratio of 2.57 and a beta of 0.29. The business has a fifty day moving average of GBX 6.33 and a 200 day moving average of GBX 7.87. The company has a debt-to-equity ratio of 119.30, a current ratio of 1.14 and a quick ratio of 0.74.

Insiders Place Their Bets

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

About Coral Products

(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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