Coral Products (LON:CRU) Shares Up 14.8% – What’s Next?

Coral Products PLC (LON:CRU)’s share price traded up 14.8% during mid-day trading on Tuesday . The company traded as high as GBX 7.75 ($0.10) and last traded at GBX 7.18 ($0.09). 445,199 shares changed hands during trading, an increase of 141% from the average session volume of 184,553 shares. The stock had previously closed at GBX 6.25 ($0.08).

Coral Products Trading Up 14.8 %

The firm’s 50-day moving average price is GBX 7.18 and its 200 day moving average price is GBX 9.85. The company has a market cap of £6.39 million, a price-to-earnings ratio of -717.60 and a beta of 0.64. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 93.25.

Coral Products Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 0.25 ($0.00) per share. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 4%. Coral Products’s dividend payout ratio is currently -10,000.00%.

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.