Coral Products (LON:CRU) Sets New 52-Week Low – Time to Sell?
by Mitch Edgeman · The Markets DailyCoral Products PLC (LON:CRU – Get Free Report) hit a new 52-week low on Tuesday. The stock traded as low as GBX 2.77 and last traded at GBX 2.81, with a volume of 228263 shares changing hands. The stock had previously closed at GBX 2.95.
Coral Products Trading Down 4.7%
The stock has a market capitalization of £2.50 million, a P/E ratio of 1.31 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 business has a 50-day moving average price of GBX 4.84 and a two-hundred day moving average price of GBX 5.59.
Coral Products Company Profile
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.