CT Automotive Group (LON:CTA) Insider Acquires £19,780.20 in Stock

CT Automotive Group plc (LON:CTA) insider Gary McGrath purchased 54,945 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was bought at an average price of GBX 36 per share, with a total value of £19,780.20.

CT Automotive Group Price Performance

Shares of LON CTA opened at GBX 37.75 on Thursday. The company has a quick ratio of 0.44, a current ratio of 1.33 and a debt-to-equity ratio of 53.78. The business’s 50 day moving average price is GBX 30.86 and its two-hundred day moving average price is GBX 27.74. The company has a market cap of £27.78 million, a PE ratio of 3.46 and a beta of 0.56. CT Automotive Group plc has a twelve month low of GBX 19 and a twelve month high of GBX 43.55.

CT Automotive Group Company Profile

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.