Coral Products (LON:CRU) Reaches New 52-Week Low – Here’s Why

Coral Products PLC (LON:CRUGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 5 and last traded at GBX 5.50, with a volume of 30602 shares. The stock had previously closed at GBX 5.25.

Coral Products Stock Performance

The stock has a market cap of £4.89 million, a P/E ratio of 2.57 and a beta of 0.31. The company has a current ratio of 1.14, a quick ratio of 0.74 and a debt-to-equity ratio of 119.30. The stock has a 50 day simple moving average of GBX 5.62 and a 200 day simple moving average of GBX 7.34.

Insiders Place Their Bets

In other news, insider Ian Hillman acquired 80,907 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was acquired at an average price of GBX 6 per share, with a total value of £4,854.42. Also, insider David Low acquired 50,000 shares of Coral Products 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 £3,000. 33.01% of the stock is currently owned by company 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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