Coral Products (LON:CRU) Sets New 12-Month Low – Should You Sell?
by Mitch Edgeman · The Markets DailyCoral Products PLC (LON:CRU – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 5 and last traded at GBX 5.50, with a volume of 127 shares traded. The stock had previously closed at GBX 5.25.
Coral Products Stock Performance
The stock has a 50-day moving average of GBX 5.66 and a 200-day moving average of GBX 7.39. The firm has a market cap of £4.89 million, a price-to-earnings ratio of 2.57 and a beta of 0.31. The company has a debt-to-equity ratio of 119.30, a quick ratio of 0.74 and a current ratio of 1.14.
Insider Activity at Coral Products
In other Coral Products news, insider David Low acquired 50,000 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were acquired at an average price of GBX 6 per share, with a total value of £3,000. Also, insider Ian Hillman bought 80,907 shares of Coral Products stock in a transaction that occurred on Monday, April 20th. The shares were acquired at an average price of GBX 6 per share, with a total value of £4,854.42. 33.01% of the stock is owned by company insiders.
About Coral Products
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.