Coral Products (LON:CRU) Stock Crosses Below 50 Day Moving Average of $13.27

Coral Products PLC (LON:CRU) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 13.27 ($0.17) and traded as low as GBX 12.50 ($0.16). Coral Products shares last traded at GBX 12.50 ($0.16), with a volume of 43,035 shares.

Coral Products Price Performance

The firm has a market cap of £11.15 million, a P/E ratio of 1,250.00 and a beta of 0.54. The company has a current ratio of 1.39, a quick ratio of 0.74 and a debt-to-equity ratio of 82.77. The firm has a 50-day simple moving average of GBX 13.28 and a 200-day simple moving average of GBX 11.97.

Coral Products Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, July 25th will be paid a dividend of GBX 0.25 ($0.00) per share. This represents a yield of 2.08%. The ex-dividend date of this dividend is Thursday, July 25th. Coral Products’s payout ratio is 10,000.00%.

Insider Transactions at Coral Products

In related news, insider Joseph (Joe) Grimmond bought 4,000 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were acquired at an average cost of GBX 11 ($0.14) per share, for a total transaction of £440 ($561.80). Corporate insiders own 32.79% of the company’s stock.

Coral Products Company Profile

Coral Products PLC, together with its subsidiaries, manufactures and sells plastic injection and mouldings, extruded and vacuum formed, fabricated products, and cap enclosures in the United Kingdom, rest of Europe, and internationally. The company also designs, packages, and distributes lotion pumps, trigger sprays, nozzles, and aerosol caps.