Coral Products (LON:CRU) Shares Pass Below 50 Day Moving Average – Here’s Why
by Renee Jackson · The Cerbat GemShares of Coral Products PLC (LON:CRU – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8.52 and traded as low as GBX 7.13. Coral Products shares last traded at GBX 7.17, with a volume of 411,690 shares.
Coral Products Price Performance
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’s fifty day moving average is GBX 8.49 and its 200 day moving average is GBX 8.87. The company has a market cap of £6.37 million, a P/E ratio of 3.35 and a beta of 0.64.
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.